Gratifying and exciting are the words that come to mind as we watch team members achieve their goals both in Fortune and in their personal lives. Our prayers to out to two team members who have life changing job interviews in the next 24 hours. These interviews would be what most people would consider the epitomy of their life's dreams. While both of these individuals value the importance of the opportunity they are beign given, they fully understand that the FHTM business is what will provide the long term financial stability for their family, both those that are alive now, and those yet to be born. They inspire me to continue forward with high goals. They see the value in the system that is in place, even as they soar in their personal careers. They articulated to Bill how much this FHTM opportunity means to them as they move forward.
Lynn
Fortune Hi-Tech Marketing Hit with National Class Action
ReplyDeleteSeptember 18, 2010. By Brenda Craig
Louisville, KY: A giant pyramid scheme that has been masquerading as a marketing company appears to be starting to crumble. The only “fortune” the company created went mostly to the company’s father figure, Paul Orbison, and a short list of his confederates.
Fortune Hi-Tech Marketing Hit with National Class Action. Although Fortune Hi-Tech Marketing purports to sell everything from hair care products to cell phones, the real sales job was done on potential recruits to the organization.
“The law against pyramid schemes is clear,” says R. Kenyon Meyer, an attorney who works with the well-known firm of Dinsmore and Shohl in Louisville, Kentucky. Meyer represents four former Fortune sales representatives in a national class action alleging they were victims of Orbison’s operation.
Just because Fortune maintained a list of products for sale doesn’t mean it isn’t a pyramid scheme, warns Meyer. “Every pyramid scheme has some product that it purports to promote. The focus on recruitment overrides the focus on the sale of a product to the ultimate consumer meaning somebody not involved in the pyramid.”
Fortune Hi-Tech Marketing was recently routed in a Montana state class action where regulators successfully litigated against the company for operating a pyramid scheme.
Meyer’s clients, however, would prefer that Fortune simply give back the money they were duped into pouring into a pyramid scheme. According to the research done by Dinsmore and Shohl, the majority of sales reps actually made less than $90 dollars a month before expenses.
The class has yet to be certified. Meyer believes it will happen soon. “I am really looking forward to the discovery phase,” he says.