FHTM (Fortune Hi-Tech Marketing) Closed Down

Fortune Hi-Tech Marketing (FHTM) has been closed down as of January 28, 2013 as part of a federal investigation initiated by Kentucky Attorney General Jack Conway's office after filing a lawsuit in federal court claiming Fortune Hi-Tech Marketing of Lexington Kentucky has been operating a massive pyramid scheme. Here's the FTC's report.

This post is not to cast judgement on FHTM or those who were a part of it. Rather it is to educate people about doing research before they join or commit to a supposed mlm or similar company. For example:

Seems like a concerned networker was giving off warning signs back in 2005:
http://www.ripoffreport.com/multi-level-marketing/fortune-hi-tech-mark/fortune-hi-tech-marketing-comp-3y6a8.htm

Back in 2010 growing concerns were posted here:
http://www.whas11.com/community/I-Team-Investigation-Fortune-Hi-Tech-Marketing-94273719.html

Same year, different source: Also notice the quote from the article below:
http://usatoday30.usatoday.com/money/companies/2010-10-15-multilevelmarketing14_CV_N.htm

"Critics of Fortune, including the Montana Commissioner of Securities and the plaintiffs in a new lawsuit seeking class-action status, say Fortune is a "pyramid scheme" because salespeople are primarily paid for recruiting, not product sales, and more recent recruits can't earn anything close to what the early entrants do. Fortune has until Nov. 2 (2010) to respond to the lawsuit seeking class-action status."

Just last September (2012), Business For Home reported this about FHTM:
http://www.businessforhome.org/2012/09/fortune-hi-tech-marketing-class-action-suit-update/    

Now, granted, if you were a member of FHTM, you were "riding the wave" perhaps because you were earning an good income from it. But if you recently joined it, did you do any research on it? And if you did, do you understand what's it's telling you?

The obvious point here is to do some research on the company and leaders you potentially may promote. If the company is brand new and there's very little or nothing about the company and its owners, don't ignore the signs on the way that tell you something's not right.

For you network marketers, haven't you found your success has a lot to do with getting the right kind of leads? If you agree then check out The Free Leads Forever System.