Fortune High-Tech Marketing Gets Shut Down
Not sure how many of you are network marketers on here, but I thought you might like to know that the Federal Trade Commission shut down Fortune High-Tech Marketing (FHTM) today.
The basic gist of the story is that they ruled it a "pyramid scheme" because almost no one made any money, and the people that did make money made their money off of signing people up rather than products.
Anyway, here's the rest of the story: Yes It's True... Fortune High-Tech Marketing (FHTM) is Shut Down! - The Sponsoring System
Has anyone noticed the FTC cracking down on anything else recently? I hadn't really heard much about anyone getting shut down in IM since Perry Belcher which was like 2-3 years ago.
Thoughts on any of this?
The basic gist of the story is that they ruled it a "pyramid scheme" because almost no one made any money, and the people that did make money made their money off of signing people up rather than products.
Anyway, here's the rest of the story: Yes It's True... Fortune High-Tech Marketing (FHTM) is Shut Down! - The Sponsoring System
Has anyone noticed the FTC cracking down on anything else recently? I hadn't really heard much about anyone getting shut down in IM since Perry Belcher which was like 2-3 years ago.
Thoughts on any of this?
Accurate, Researched and REFERENCED