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Violation Tracker Individual Record

Company: Fortune Hi-Tech Marketing Inc.
Penalty: $7,750,000
Year: 2014
Date: May 13, 2014
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The operators of a Kentucky-based pyramid scheme, which enrolled more than 350,000 consumers throughout the United States, Puerto Rico and Canada, was banned from multi-level marketing under a settlement with the Federal Trade Commission and the states of Illinois, Kentucky and North Carolina. The settlement also required the operators to surrender assets totaling at least $7.75 million to be returned to consumers. The settlement was also announced by the FTC; see the Violation Tracker entry at (click here)
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.