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  "documentTitle": "Herbalife, Ltd. (HLF)",
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  "authorName": "William Ackman",
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      "text": "Criminal Law of the PRC: Article 224(A) of the Criminal Law: Defines a pyramid scheme as a scheme in which “the participants are required to obtain the qualification for participation by paying fees, purchasing commodities or services or any other means, the participants are classified into different levels according to a certain order, the calculation of remunerations or kickbacks to participants is directly or indirectly dependent on the number of persons recruited, and the participants are induced to continue or coerced into continuing recruiting others to participate.”",
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      "kind": "callout",
      "text": "Article 224(A) of the Criminal Law: Defines a pyramid scheme as a scheme in which “the participants are required to obtain the qualification for participation by paying fees, purchasing commodities or services or any other means, the participants are classified into different levels according to a certain order, the calculation of remunerations or kickbacks to participants is directly or indirectly dependent on the number of persons recruited, and the participants are induced to continue or coerced into continuing recruiting others to participate.”",
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      "text": "“the participants are required to obtain the qualification for participation by paying fees, purchasing commodities or services or any other means, the participants are classified into different levels according to a certain order, the calculation of remunerations or kickbacks to participants is directly or indirectly dependent on the number of persons recruited, and the participants are induced to continue or coerced into continuing recruiting others to participate.” — Article 224(A) of the Criminal Law of the PRC",
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      "text": "Source: Amendment VII to the Criminal Law of the PRC, issued by the Standing Committee of the National People’s Congress of the PRC on February 28, 2009 and effective immediately.",
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