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All Posts Tagged Tag: ‘Pyramid Scheme’

FBI Herbalife Investigation: What’s Going On?

According to reports, weight loss and nutrition company Herbalife Ltd. is at the center of a federal investigation. Both the Federal Bureau of Investigation and U.S. Department of Justice are alleged to be looking into the business practices of the organization. The news, which was first reported by the Financial Times, led to a fourteen percent drop in Herbalife’s stock …

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Paul Orberson, Head of Fortune Hi-Tech Marketing, Dies at Age 57

Paul Orberson, the founder of infamous multi-level marketing company Fortune Hi-Tech Marketing (FHTM), has died at age 57. According to a report from the Lexington Herald-Leader, Orberson died of kidney cancer, which he was diagnosed with in 2003. He is survived by his wife and two children. Born in 1956, Orberson grew up in Danville, KY and later attended Western …

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