Stupendous is the only way I can even think of describing this day. A morning of information on how to explode a FHTM business followed by an afternoon of information from the leaders of the company. How blessed we are to have Paul Orberson feel the call to start a company that is creating a way for us to secure the financial future of our grandchildren and great-grandchildren. It is going to take a while to absorb what we've learned today. I suggest everyone get started immediately and share the FHTM plan with others. If you do not know what FHTM is, find out as fast and as soon as you can and then get started. We are further blessed to have the training site we have online.
Lynn
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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.
According to the suit, sales representatives were charged $299 for the privilege of joining the Fortune team. Then they were pressured into buying a never-ending stream of services and equipment in order to do the job, says Meyer, who has been researching the company for several months now.
“Fortune requires sales representatives to get ‘frequent customer points.’ Those points are obtained not by selling something, but by signing up for something in order to do your job as a representative!”
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.
The class has yet to be certified. Meyer believes it will happen soon. “I am really looking forward to the discovery phase,” he says.
Todd Rowland has a new website
ReplyDeletehttp://www.toddrowlandfhtm.info