Report: Alleged scheme netted executives millions

Posted: Thu 1:59 PM, Feb 28, 2013

LEXINGTON, Ky. (AP) - A court-ordered report shows the top two executives of a Lexington company accused of running a pyramid scheme made almost $40 million in the last few years.

The Lexington Herald-Leader reports the document also shows almost all independent representatives for Fortune Hi-Tech Marketing made less than $1,000 per year in commissions.

Federal authorities shut down the company's operations in January, alleging it was an illegal pyramid scheme because it rewarded representatives more for recruiting than for selling products.

Attorney Stephen Amato, who represents the company, denied that it was running a pyramid scheme. He said Fortune Hi-Tech operated "a safe and legal business."

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