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Chinese Agency Would Investigate Nu Skin Enterprises

Nu Skin Enterprise Inc., a global skin care and nutritional product direct sell, has a tough day. The stock has been slump for 35.35% because the rumor of a suspected illegal pyramid scheme.  Chinese officials would investigate this accusations.

The People's Daily newspaper that made the allegations said that Nu Skin sells 140 Products in China which is 20 more products than the government allows. However, Nu Skin is deny about this accusations.

I'm not sure this is true or not but either or you can gain from this news. If it's not true I'm sure the stock will bounce up but if it's true Nu Skin will be in a big trouble.