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  1. en.wikipedia.org › wiki › Fortune_Hi-Tech_MarketingFortune Hi-Tech Marketing - Wikipedia

    Fortune Hi-Tech Marketing (FHTM) was a Lexington, Kentucky based company which used multi-level marketing to sell consumer goods and services. The company was founded in January 2001. In January 2013, the Federal Trade Commission (FTC) and regulators for three states shut down FHTM for being a pyramid scheme.

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  3. www.ftc.gov › news-events › newsFTC Returns More Than $3.7 Million to People Harmed by Pyramid...

    Nov 8, 2016 · The FTC banned the operators of FHTM from multi-level marketing and returned more than $3.7 million to victims. Learn how to get your refund and avoid similar schemes.

  4. www.reuters.com › article › businessFortune Hi-Tech Marketing shut down as pyramid scheme

    Jan 28, 2013 · Federal and state regulators on Monday shut down direct-sales company Fortune Hi-Tech Marketing following complaints that the company was operating a pyramid scheme.

  5. www.usatoday.com › story › moneyFederal, state regulators shut down Fortune Hi-Tech - USA TODAY

    Jan 28, 2013 · The Lexington headquarters and a warehouse for Fortune Hi-Tech Marketing were raided Monday morning and the contents confiscated by a receiver appointed by the U.S. District Court for the...

  6. www.ftc.gov › news-events › newsFTC Settlement Bans Pyramid Scheme Operators From Multi-Level...

    May 13, 2014 · The FTC and the states charged Fortune Hi-Tech Marketing (FHTM) with deceiving consumers by claiming they could earn income through selling products and services. The settlement bans the defendants from multi-level marketing and requires them to surrender assets worth at least $7.75 million.

  7. www.ftc.gov › news-events › newsFTC Action Leads Court to Halt Alleged Pyramid Scheme

    Jan 28, 2013 · The FTC and state attorneys general charged FHTM with operating an illegal pyramid scheme that promised consumers financial independence but mostly made them lose money. The court ordered a temporary receiver and froze the defendants' assets pending trial.

  8. www.bloomberg.com › profile › companyFortune HI-Tech Marketing Inc - Company Profile and News

    Fortune HI-Tech Marketing, Inc. operates as a multilevel marketing company. Company profile page for Fortune HI-Tech Marketing Inc including stock price, company news, executives,...