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FHTM - Fortune Hi-Tech Marketing, Paul Orberson Company uses deceptive and fraudulent means to solicit new representatives, lies about associations, residuals dont amount to much. Lexington, Kentucky
Montana State Auditor: Pyramid Scheme Stole $1.8 Million from Montana Residents
http://www.kfbb.com/news/local/87709867.html By KFBB News Team By The
Associated Press Story Published: Mar 15, 2010 at 9:26 PM MDT
The State is trying to stop an alleged pyramid scheme from operating here in Montana. The State Auditor has issued a Cease and Desist order against a company that has reportedly taken more than $1.8 million from participating Montanans.
After many phone calls and complaints over the last few months, Montana Commissioner of Securities and Insurance Monica Lindeen announced that her office has ordered Kentucky-based Fortune Hi Tech Marketing to stop operating in our state. "What they do is convince people that it's a great money-making venture, Lindeen said. Unfortunately, very few people actually make any money." Nearly 1,300 Montanans have been recruited to be part of the alleged pyramid scheme.
Commissioner Lindeen advises those people to immediately end their involvement with Fortune Hi-Tech Marketing. She adds that especially during difficult economic times, more schemes surface and people are more likely to look for alternative ways to generate income. "They have more scams today than ever, said Helena resident Bud Lee. People have to be wise." "I think it happens everywhere, so Im not surprised it happened here," said Joey Carter of Helena. "When you lose your job, you find ways to keep the electricity on. So, I bet more of these things start to crop up," said Raylean Garrison of Helena.
Lindeen adds that members only benefit if they recruit others to join this alleged scam. She says her office is committed to keeping pyramid schemes out of Montana. "In Montana, we will not tolerate forms of pyramid schemes and we are going to stop it. We don't want to see hard-working Montanans lose their money." On its website, fortune hi tech marketing says it hopes for a quick resolution to the matter, but asks its montana reps to refrain from doing business in the meantime. lindeen says she anticipates a hearing against FHTM and hopes that some Montanans can get their money back.
2 Updates & Rebuttals
FHTM
palm harbor,Florida,
United States of America
Former SC Politician in FHTM quits over scandal.
#3Author of original report
Wed, March 24, 2010
Actually you have no idea what you are talking about. What do you actually know about FHTM's relationships with the companies they represent. If you were informed by anyone other than your NSM you would realize that Montana Securities Commission investigated FHTM since last summer before issuing the Cease & Desist.
FHTM HAS NO DIRECT RELATIONSHIPS WITH DISH, VERIZON, GE, DUPONT, TRAVELOCITY, DUPONT, AT&T, OR SPRINT. PETER LAMAS JUST CANCELLED THE DEAL WITH FHTM BECAUSE OF THIER FRAUDULENT ACTIVITIES.
YOU WILL NEVER MAKE 84k MONTHLY ON RESIDUALS OR EVEN CLOSE TO IT. THE MONEY IN FORTUNE IS MADE 95% FROM RECRUITING.
HOW LONG HAVE YOU BEEN IN THE BUSINESS/ WHERE ARE YOU/ HOW MANY REPS HAVE YOU SPONSORED THAT QUIT? HOW MANY MAKE NO MONEY AFTER MORE THAN 6 MONTHS?
Fortune doesnt even get residuals from cell phone companies or Dish Networks. It is a SCAM! Stop recruiting and the $$ stops (unless you are one of the 7 chosen ones that came with Paul from Excel)
terian
United States of AmericaDon't listen to the woman behind the curtain! (Lindeen)
#3Consumer Comment
Wed, March 24, 2010
I find it interesting that Commissioner Lindeen would not do a preliminary investigation of Fortune before make specious claims. Further investigation into this company would confirm the legitimacy of Fortune's operations. Comm Lindeen should contact the Governor (Former Attorney general) of South carolina and inform him that he and his wife are involved in an "alleged pyramid" since they are both representatives of Fortune Hi-Tech Marketing, too