FHTM makes it to the FTC list
Since WHAS11 broke this news story in 2010 the following major events have occurred:
1. Peter Lamas dropped FHTM
2. Cease and desist letters from GE, Travelocity, Time Inc and Dupont were sent to FHTM regarding the unauthorized use of these company's coveted logos and names. How can that be if FHTM was partnered with each and every one of those entities.
3. The FBI & FTC opened investigations into FHTM
4. Almost a dozen AG's have open investigations or demand letters to FHTM for production of documents including Texas, NC and Kentucky.
5. The KY BBB still ranks Fortune with a "C-" rating although it should probably be less
6. USA Today has done a major expose on their business practices of Fortune HI-Tech
7. Paul Orberson did not make it onto the Opray show.
8. AT&T dropped FHTM and other carriers are looking into FHTM's unauthorized use of their logos and names to purport an aura of legitimacy
9. Dateline NBC is investigating the company.
10. 2 class action lawsuits
More Than 90 Actions Brought By Commission and Its Law Enforcement Partners
The Federal Trade Commission today stepped up its ongoing campaign against scammers who falsely promise guaranteed jobs and opportunities to “be your own boss” to consumers who are struggling with unemployment and diminished incomes as a consequence of the economic downturn.
“Operation Empty Promises,” a multi-agency law enforcement initiative today announced more than 90 enforcement actions, including three new FTC cases and developments in seven other matters, 48 criminal actions by the Department of Justice (many of which involved the assistance of the U.S. Postal Inspection Service), seven additional civil actions by the Postal Inspection Service, and 28 actions by state law enforcement agencies in Alaska, California, Indiana, Kansas, Maryland, Montana, New Jersey, North Carolina, Oregon, Washington, and the District of Columbia.
In a press conference at the FTC, David Vladeck, Director of the FTC’s Bureau of Consumer Protection, was joined by Tony West, Assistant Attorney General for the Civil Division of the Department of Justice; Greg Campbell, Deputy Chief Inspector of the U.S. Postal Inspection Service; North Carolina Attorney General Roy Cooper; and a California consumer who had bought into a program to start his own Internet business.
“The victims of these frauds are our neighbors – people who are trying to make an honest living,” said David C. Vladeck, Director of the FTC’s Bureau of Consumer Protection. “Under pressure to make ends meet, they risked their limited financial resources in response to the promise of a job, an income – a chance at a profitable home-based business. But these turned out to be empty promises – and the people who counted on them ended up with high levels of frustration and even higher levels of debt.”
The FTC has updated consumer education materials to help consumers avoid falling victim to these scams. Screen shots from the websites of some of the operators charged in this law enforcement sweep, as well as video footage of FTC Consumer Protection Director Vladeck and FTC attorney Daniel Hanks, are also available at ftc.gov/bizopps
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