attorney general – Fraud Files Forensic Accounting Blog

Consumer Protection, Pyramid Schemes & MLM

Fortune Hi Tech Marketing Pyramid Scheme Shut Down

28 January 2013 28 January 2013 14

Fortune Hi Tech Marketing (FHTM), a multi-level marketing company I’ve reported on previously (and was interviewed about) was shut down today by the Federal Trade Commission. It is being reported that federal agents raided the company’s Lexington, Kentucky office. Law enforcement says that 100,000 people across the country were recruited …

Pyramid Schemes & MLM

Update on YourTravelBiz.com Legal Proceedings

9 August 2008 15 August 2011 19

Earlier this week I wrote about the California Attorney General filing a lawsuit against YourTravelBiz.com (YTB) and calling the company a “gigantic pyramid scheme.” Of course, the company has published a response to the lawsuit that tends to seriously downplay the charges against them. They list the charges, which do …

Tracy Coenen on Jennifer McKinney Bankruptcy Round 2 and Round 3: “Probably no IRS documents included there, but they would have to disclose what is owed to the IRS.” Dec 2, 16:45
amara on Mary Kay Cosmetics: Destroying Half a Million Women a Year: “My mom has been selling mary kay for 25 years and had been nothing but an insperation to me growing…” Dec 2, 13:37
MMAH on Jennifer McKinney Bankruptcy Round 2 and Round 3: “So, yesterday was divorce court day, where evidently they had to file financial disclosures (public record that it happened, not…” Nov 22, 16:06
MollyT on Jennifer McKinney Bankruptcy Round 2 and Round 3: “Well, if you’re not filing tax returns, you don’t really need any deductible expenses. In my experience, when you don’t…” Nov 1, 11:56
Tracy Coenen on Jennifer McKinney Bankruptcy Round 2 and Round 3: “They won’t swipe all of her money to pay the IRS, so she’ll still be able to pay support to…” Oct 31, 05:59
MMAH on Jennifer McKinney Bankruptcy Round 2 and Round 3: “Here’s another question about the bankruptcy and the divorce. If she were ordered to pay some kind of spousal support…” Oct 27, 14:44
McKFactsmod65 on Jennifer McKinney Bankruptcy Round 2 and Round 3: “Hi, Tracy: One of our commentors saw that there are new docs on Pacer. She posted a comment, but it…” Oct 22, 19:42
Lanora Powell on Mary Kay Cosmetics: Destroying Half a Million Women a Year: “LOL Years after the original comment I am adding my own comment… However, I feel the need to point out…” Oct 21, 18:43