Ky. company to return $7.75 million to consumers

Published May 13, 2014 9:54pm ET



FRANKFORT, Ky. (AP) — A Kentucky-based company has been ordered to return $7.75 million in assets to more than 350,000 people who were caught up in what officials say was one of the country’s largest pyramid schemes.

Officials said Fortune Hi-Tech Marketing would charge people $249 for the rights to sell products like satellite TV service and home security systems. The company would target Spanish-speaking communities and promised them they could get rich if they sold the products. But state and federal officials said the company’s promotional materials focused on recruiting new members, not selling products.

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