The Ame Global MLM Ponzi scheme has been busted by Vietnamese authorities.

Following registration of a criminal case, involving over 9000 investors, Vietnamese authorities announced they’d “dismantled” Ame Global earlier this week.

As per a May 23rd report from Vietnam Net Global;

Lang Son Provincial Police have dismantled a massive multi-level marketing (MLM) network operating across Vietnam and internationally, arresting 12 suspects and seizing a large quantity of equipment and materials related to the scheme.

Ame Global is represented to be based out of Taiwan and tied to subsidiary Win All Trading Co., LTD. The scam set up a local office in Vietnam to defraud consumers through.

Vietnamese authorities have identified Taiwanese national Huang Wen Yen as the ringleader behind Ame Global and Win All Trading. Yen remains at large.

In addition to Yen, Vietnamese authorities cite Chinese and Chinese Vietnamese as part of an extra-large-scale Ame Global transnational MLM crime ring.

Ame Global’s Ponzi model was simple;

Participants created accounts on a private website and invested over 14 million VND (approx. 550 USD) to receive a box of Nguu Chuong Chi (mushrooms).

Participants were structured under a binary MLM tree model with up to 20 levels. The scheme promised a 10% global revenue bonus payout daily, with earnings capped at 1,000 USD per day  –  even without recruiting new members.

Invest $550 on the promise of 10% a day, paid out of subsequent investment.

Between April 2024 and the May 2025 bust, Ame Global roped over 9000 investors into the scam.

Twelve local suspects have been named by Vietnamese authorities;

Ngo Huu Thap (1974, Lang Son)
Lang Thi Thuy Dung (1980, Dong Nai)
Luu Quoc Ngoc (1983), Tran Chan Quyen (1988), Dam Vi Thinh (1988), Tu Boi Dieu (1993),
Pham Tuan Phong (1984), Tong Thi Hong Tham (1982), Kim Vinh Hao (1985), Dam Dieu Phat (1989) – all based in HCMC
Dong Thi Minh Thang (1982, Thai Nguyen)
Nguyen Dang Bac (1975, Bac Ninh)

Seized assets include one car, six computers, 14 mobile phones, two iPads, 85 cartons containing nearly 15,000 empty supplement boxes, more than 2,000 Nguu Chuong Chi bottles with unidentified origins, over 35,000 product labels, and numerous machines and documents used in production.

Total Ame Global losses are unknown but Vietnamese authorities claim losses likely run into the “hundreds of millions”.