FORTUNE HIGH TECH MARKETING DONE - DEAD
EDITOR UPDATE: ANTI-MLM FORCES OF EVIL ARE SAYING, "MLM IS BAD BECAUSE OF THS FORTUNE HI TECH SLAM DOWN. "NOT SO" YOUR EDITOR SAYS!!! ORBISON AND FHTM WERE WARNED AND CONTINUED NOT PAYING PEOPLE BACK WHEN THEY DEMANDED REFUNDS. THE LAW FINALLY SAID, ENOUGH AND SLAMMED THEM TO THE GROUND WITH THE COURT ACTIONS BELOW. I talked to the Founder of ACN he said one of is wise rules when dealing with CAB Bonuses was, if a new signee squawked or complained they got a check back from ACN FEDEX overnight. Too bad for Orbision he was not this wise!
Remember that 30 some states have buy back requirements - 11 of them say 90% of money back for a one year period.
JUDGE WANTS OVER $200 MILLION BACK
ORBISON AND MILLS BANNED FROM MLM - PYRAMIDS-PONZIS AND DOG WALKING
PLUS JUDGE WANTS ALL THE MONEY THEY MADE RUNNING FHTM BACK!
5-31-2913 - CHANGE UR. Ed. Got a call from a subscriber that works in a 3 digit office in D.C. Question: What triggered this behind the scene? David coding bonuses are paying recruiting bonuses upline for big signups ($500 +) if recruiter gets customers (iffy sometimes) The problem with FHTM if someone wanted money back they choose not-not to do a clawback from the seller so they could pay a state mandated return. ACN got busted In for same in North Dakota at same time FHTM got busted in South Dakota for same thing. Danger is for Electrical Companies who use the Coding Bonus.
5-30-2013 Ur Ed Note: It has been common knowege that FHTM moved over emass to Zija for a proposed goodly amount. Zija (good guys = smart) some idiots claim seven figures was put up to bring as many of the ex-FHTM leaders and teams to their company. That is total complete B.s. I know Zija's Owner and any amount paid would be performance based and not the 7 digits as some @#$# are claiming.
UR ED NOTE: #1 As I have said before the law does not like coding bonuses. #2 If you are using a coding bonus you had better be ready to do refunds at the slightest breath of a complaint. Paul Orbison thought since the electric companies and ACN were getting by. He could too! Bad mistake!
BANNED FROM EVERYTHING?
The court order virtually bans Orberson & Mills from any involvement in networkmarketing or any other business activity remotely resembling MLM. They agreed to thisbecause they knew they were so deep in a hole that they had no choice.According to the stipulated agreement Orberson & Mills are forbidden from engaging in, participating in, or assisting others in the advertising, marketing, promotion, or operation of any MarketingProgram. A “Marketing Program” includes, but is not limited to, any multi-level marketing program,business investment opportunity, pyramid marketing scheme, Ponzi scheme, or chain marketing scheme. The Agreement further freezes all current and future assets of FHTM, Paul Orberson and Tom Mills including any accounts that may be jointly held in their names or control.
IT IS FURTHER ORDEREDthat Stipulating Defendants are hereby restrained and enjoined from transferring, liquidating,converting, encumbering, pledging, loaning, selling, concealing, dissipating, disbursing, assigning,spending, withdrawing, granting a lien or security interest or other interest in, or otherwisedisposing of any funds, real or personal property, accounts, contracts, shares of stock, lists of consumer names, or other assets, or any interest therein, wherever located, including outside theterritorial United States.
In other words all of their assets are permanently frozen and any foreign assets and/or trusts must berepatriated back to the USA.
FORCED TO STARVE?
The funds, property, and assets affected by this Section shall include bothexisting assets and assets acquired after the effective date of this Order. Stipulated Defendants arefurther prohibited from operating any new business, regardless of its form, without the writtenpermission of the FTC. Are their hands finally tied from being involved in any other form of pyramid scheme? They will be forced to quit the Zija position and with certainly Zija will be fighting for the signing bonus back.
IT IS FURTHER ORDERED that Stipulating Defendants, are prohibited from disclosing any FHTMcustomer information including benefiting from or using the name, address, birth date, telephonenumber, email address, Social Security number, Social Insurance number, credit card number, bank account number, or other financial or identifying personal information of any person from whom or about whom any Defendant obtained such information in connection with activities alleged inPlaintiffs’ Complaint.
IT IS FURTHER ORDERED that Robb Evans & Robb Evans and Associates, LLC, is appointed Permanent Equity Receiver.
BIG HIT FTC + 3 STATES CLOBBER FORTUNE HIGH TECH MARKETING! HERE IS WHY!
Jan 30, 2013 -UR editor bets that in the future you will see the case law developed by these four law enforcement entities USED IN OTHER ATTACKS ON COMPANIES USING THE CAB BONUS COMPLAN. THAT IS THE REASON ALL FOUR OF THESE AGENCIES JUMPED IN… TO SET FEDERAL CASE PRECEDENCE AND TO KILL ALL CAB PAY PLANS.
Fortune Hi Tech Marketing has been shut down by the FTC and three state attorneys general. The U.S. Federal District Court of Northern Illinois gave the go ahead... “At the request of the Federal Trade Commission and the states of Illinois, Kentucky, and North Carolina, a federal court has halted an allegedly illegal pyramid scheme pending trial."
The WatchDog reported that FHTM came under fire back in 2010 with North Dakota and Montana. The WatchDog talked to the owner Paul Orbinson and told him that since they were using the CAB bonus plan they should ensure that when a distributor complained about the amount of money he spent – give them their money back fast, via overnight FedEx or wire transfer.
The court also froze Fortune Hi Tech’s assets. The receiver appointed by the U.S. District Court of Northern Illinois raided the headquarters and warehouse in Lexington, Kentucky and seized FHTM Property.
FTC NEWS RELEASE “At the request of the Federal Trade Commission and the states of Illinois, Kentucky, and North Carolina, a federal court has halted an allegedly illegal pyramid scheme pending trial. The FTC and the state attorneys general seek to stop the allegedly illegal practices of the Fortune Hi-Tech Marketing (FHTM) operation, which claimed consumers would make substantial income by joining the scheme. The operation affected more than 100,000 consumers throughout the United States, including Puerto Rico,
You can read the full complaint here.