Federal Trade Commission http://wkyufm.org en Kentucky Company To Return $7.75 Million To Consumers http://wkyufm.org/post/kentucky-company-return-775-million-consumers <p>A Lexington-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.<br /><br />The Federal Trade Commission along with attorneys general in Kentucky, Illinois and North Carolina announced the settlement Tuesday with Lexington-based Fortune Hi-Tech Marketing. Officials said the company would charge people $249 for the rights to sell products like satellite TV service and home security systems. Officials said more than 98 percent of the people who paid the fee lost money.<br />&nbsp;<br />Kentucky Attorney General Jack Conway called it a classic pyramid scheme. An attorney for Fortune Hi-Tech Marketing did not immediately return a call seeking comment. The Federal Trade Commission is responsible for returning the money to consumers.<br /> Tue, 13 May 2014 20:49:14 +0000 Associated Press 47999 at http://wkyufm.org Kentucky Company To Return $7.75 Million To Consumers Kentucky Joins Settlement against Shoe Company http://wkyufm.org/post/kentucky-joins-settlement-against-shoe-company <p>Kentucky is one of 44 states reaching a 45 million dollar settlement with Skechers USA, Inc.&nbsp; The settlement stems from complaints about deceptive advertising for rocker-bottom shoes. Wed, 16 May 2012 16:27:32 +0000 Dan Modlin 12499 at http://wkyufm.org