Regulators Charge Fortune Hi-Tech Marketing

Fortune High Tech Marketing Charged with Illegal Operations in Two States April, 2010 Update: The MLM scheme, Fortune High Tech Marketing, was ordered in ’09 to stop doing business in the state of North Dakota by state regulators. FHTM is one of fastest growing...

Ponzis and Pyramids

New Audio Series Focuses on “Main Street” Ponzis and Pyramid Schemes (downloadable MP3) December, 2009 Pyramid Scheme Alert has launched an audio documentary focused on Main Street Ponzis, such as multi-level markerting, aka MLM or Network Marketing, cash...

Gold Quest Leaders Arrested in Iran

December, 2009 Iran joins other countries in efforts to protect citizens from multi-level marketing(MLM) scams. The MLM scheme, Gold Quest, which was a knock-off of the former US-based MLM scheme, Gold Unlimited, was banned in Iran in 2005. It has also been prosecuted...

Canadian Class Action Suit Against Amway

Canadian Consumers File Class Action Lawsuit Against Amway, Charging Deception and Pyramid Scheme November, 2009 A new class action lawsuit has been filed against Amway in Canada. Though unconnected to the recently released book by Eric Scheibeler, the new lawsuit...