Yilishen Tianxi Group information

Yilishen Tianxi Group
Company type	Privately held company
Industry	Health care, pyramid scheme
Genre	defunct
Founded	Liaoyang, Liaoning, People's Republic of China (1999)
Founder	Wang Fengyou
Headquarters	Liaoyang, People's Republic of China
Area served	defunct
Products	Traditional Chinese medicine
Revenue	15 billion yuan
Website	http://www.tianxigroup.com/

The Yilishen Tianxi Group (Chinese: 蚁力神天玺集团; pinyin: Yǐ Lì Shén Tiān Xǐ Jí Tuán) was a Chinese company established in 1999 which sold traditional Chinese medicine products made from ants.^[1] More than one million people invested money in the company, purchasing and raising boxes of ants with the promise that they could sell the ants back for a profit, before it was exposed as a ponzi scheme in 2007.^[2]^[3]

^ O'Neill, Mark (3 December 2007). "A Chinese Pyramid Scheme Built on an Anthill". Asia Sentinel. AsiaSentinel.com. Retrieved 22 February 2008.
^ Ewing, Kent (12 January 2008). "Ants and pyramids: China scams abound". Asia Times. Asia Times Online (Holdings), Ltd. Archived from the original on 14 May 2008. Retrieved 22 February 2008.{{cite news}}: CS1 maint: unfit URL (link)
^ Reynolds, Wilma (17 December 2007). "Breaking News – Ant breeders call for help in Liaoning Province as CCP experts take control over Power Ant". Speaking of Asia News. SOH Radio Inc. Retrieved 22 February 2008.

[asiasentinel-1] O'Neill, Mark (3 December 2007). "A Chinese Pyramid Scheme Built on an Anthill". Asia Sentinel. AsiaSentinel.com. Retrieved 22 February 2008.

[asiatimes-2] Ewing, Kent (12 January 2008). "Ants and pyramids: China scams abound". Asia Times. Asia Times Online (Holdings), Ltd. Archived from the original on 14 May 2008. Retrieved 22 February 2008.{{cite news}}: CS1 maint: unfit URL (link)

[soan-3] Reynolds, Wilma (17 December 2007). "Breaking News – Ant breeders call for help in Liaoning Province as CCP experts take control over Power Ant". Speaking of Asia News. SOH Radio Inc. Retrieved 22 February 2008.