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Fortune Hi-Tech Marketing (FHTM) was a multi-level marketing company that sold various products and services through a network of independent representatives. It was founded in 2001 and ceased operations in 2013 due to legal issues.
The legitimacy of FHTM has been debated and questioned over the years. In 2013, the company was sued by the Federal Trade Commission for operating as an illegal pyramid scheme. As a result, FHTM was shut down and its assets were seized. Therefore, it is not considered a legitimate company.
FHTM operated as a multi-level marketing company, where independent representatives could earn commissions by recruiting others to join the company and selling products and services. Representatives were required to pay a fee to join and were encouraged to recruit others to do the same.
FHTM offered a variety of products and services, such as health and wellness products, energy services, and home security systems. However, some of these products and services were found to be overpriced and of poor quality.
No, FHTM is no longer in operation and is not accepting new members. The company was shut down by the FTC and its assets were seized. It is important to note that joining a company like FHTM, which has been found to be operating as an illegal pyramid scheme, can result in legal consequences for individuals involved.