Multi-level

FTC Shuts Down Multi-Level Marketer for Alleged Pyramid Scheme Operation

August 28, 2015 This week, the Federal Trade Commission (“FTC”) obtained a preliminary injunction in the U.S. District Court for the District of Arizona, ceasing the operations of certain businesses and individuals, including multi-level marketer Vemma Nutrition Company (“Vemma”), which the FTC has accused of running an illegal pyramid scheme. How did Vemma’s operations draw […]

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Multi-Level Marketing Firm Settles Pyramid Scheme Allegations with the FTC

Yesterday, Fortune Hi-Tec Marketing, Inc. (FHTM) and its principals (which were individually named in the complaint), settled a suit brought by the Federal Trade Commission (FTC) alleging that the company had engaged in an international pyramid scheme for the last four (4) years.  The FTC’s complaint alleged that FHTM falsely represented to consumers that they

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