Fortune HiTech Marketing News

FHTM Announces Taxbot

Fortune HiTech Marketing to Refund Texas Customers

FHTM Subject of Class Action Lawsuit in Kansas

FHTM Nets High Profile Representatives

Fortune Hi Tech Marketing Sponsors Bluegrass State Games

FHTM To Pay 840K Over Pyramid Scheme Charges

For more information on Fortune HiTech Marketing including the company's current rank in our home business index, please click here.

FHTM Announces Taxbot

Press Release | 2/8/2012

Lexington, Ky. February 06, 2012 -- FHTM announced last week that Taxbot, an online and mobile tax relief software application, would be available to FHTM Independent Representatives and their customers beginning today.

Taxbot, which was founded in 2011 by Sandy Botkin, Tom Murphy and Jake Randall, is a mobile and online application that provides small business owners the ability to capture expenses and turn them into IRS and CRA compliant tax deductions. Botkin has had over 30 years experience in the tax industry and was looking for a way to help small business owners and protect them from audits.

The Taxbot application will track your business mileage through your smart phone or tablet using GPS, store and organize receipts via a simple photo system, capture expenses in real time, and sync all records securely in the cloud. The application is also available online. In addition, Taxbot provides FHTM Representatives and their customers with expert tips from Sandy Botkin, including exclusive access to secrets he only shares during his Tony Robbins and Donald Trump seminars.

FHTM and Taxbot are equally excited about the new relationship and the opportunities it brings both companies. “FHTM is a great company, and I look forward to helping their customers quickly and easily reduce their taxes! I will be giving them tips, tricks and strategies such as how to capture more car deductions, how to write-off medical expenses, and how to make vacations tax deductible,” says Botkin.

Jeff Orberson, FHTM’s Chief Business Officer explains, “We wanted to provide a product that allowed customers to quickly and easily reduce their business taxes. FHTM is excited to offer home based business owners an intuitive application that allows them to track business expenses on the run."

Taxbot is now officially available to customers of US and Canadian Independent Representatives.

Fortune HiTech Marketing to Refund Texas Customers

Npros.com | 11/16/2011

Fortune HiTech Marketing has agreed to refund up to $1.3 million to its Texas customers, resolving the Texas Attorney General’s investigation into potential Deceptive Trade Practices Act violations by the company, including allegations that it operated an illegal pyramid scheme. The settlement agreement prohibits Fortune HiTech from engaging in deceptive trade practices in the future and requires the company to refund up to $299 to each qualified Texas customer, up to a total of $1.3 million.

Fortune HiTech’s customers complained that the company falsely represented the earnings they would achieve if they became one its independent representatives.

Customers may obtain additional information about the settlement and download a refund claim form from the Texas Attorney General’s Consumer Protection Division at www.texasattorneygeneral.gov. Refund claims must be submitted to Fortune HiTech Marketing no later than November 28, 2011.

FHTM Subject of Class Action Lawsuit in Kansas

Npros.com | 9/4/2010

FHTM ( Fortune Hi-Tech Marketing ) has been sued in federal court by four individuals.

The suit names Paul C. Orberson, President/Director of Fortune Hi-Tech Marketing and dozens of other employees and individuals.

The class action suit, filed by Yvonne Day, Leonard Haslag, James McCormick and John W. Turner ( on behalf of themselves and "others similarly situated" ) to "recover damages on behalf of themselves...caused by the defendants' operation of an inherently fraudulent pyramid scheme.

It is important to note that this suit has been brought by individuals, not by the State of Kansas or the Federal Government.

The complaint includes 156 pages outlining the claims against FHTM, plus letters and decrees supporting the plaintiffs' claims.

FHTM Nets High Profile Representatives

Npros.com | 5/28/2010

In a recent article by NewsChannel 36, Stuart Watson reports that former Bank of America CEO Ken Lewis’ wife Donna signed as a sales representative in December of 2008 at the invitation of her friend, Barbara McKay; a well known Charlotte, NC television personality, and now Executive Manager with FHTM.

Both women state that their involvement with the company stemmed from a desire to help those around them who were experiencing financial difficulties due to the economy and other factors. They also state that they see FHTM as a valid opportunity for individuals to make extra money. Although Mr. Lewis’ wife is involved with the program, she does not sell, and he himself has never been involved. However, Mrs. Lewis is quick to point out, “If he thought it was wrong he would not let me be involved.”

Fortune Hi Tech Marketing came under scrutiny last year and has to date paid back millions in damages and refunds to former customers and representatives. A complaint made by the state of Montana was settled on April 22 of this year, and although they were initially barred from doing business in these states, CEO Tom Mills stated that they had “come to an agreement” and were “moving forward.”

The premise of FHTM involves signing up representatives below you who then pay a fee of $199. This, according to the BBB in Kentucky, FHTM’s home state, appears to be the only source of income generation.

The full article can be read at the link below.

Article Link

Fortune Hi Tech Marketing Sponsors Bluegrass State Games

Npros.com | 5/27/2010

An MLM company based out of Kentucky known as Fortune Hi Tech Marketing, has agreed to become the new title sponsor of the Bluegrass State Games, the annual signature event held by The Bluegrass Sports Commission (BSC). FHTM has agreed to a one-year deal with the option for a multi-year agreement with the Games.

Fortune Hi Tech Marketing feels that its commitment to the Bluegrass State Games will help fortify the organization in addition to boosting its mission to promote healthier lifestyles for individuals and amateur athletes alike.

Paul Orberson, President and founder of FHTM, feels that his company's sponsorship of the Bluegrass State Games is an ideal fit for his company overall, and is quoted as saying; "As the old African proverb says; "alone you can go faster, but together we can go further."

"The Bluegrass State Games has a similar mission and focus. At Fortune, we are proud to support this event which has been a rich tradition in the state of Kentucky for more than 25 years." He added.

Fortune Hi-Tech Marketing is a company that gives people the opportunity to build their own businesses via marketing its line of products and services. The company states that it provides opportunities for individuals, regardless of education, experience or financial situation, to attain their goals through work and effort. The company also states that it provides its representatives with support, encouragement and guidance to assist in selling and distributing.

"Fortune Hi-Tech Marketing is one of Kentucky's best kept secrets. Their mission, like that of the Bluegrass State Games, is to improve the lives of Kentuckians, one person at a time. Through this wonderful partnership, both FTHM and the Games will be able to reach out to all our citizens of the Commonwealth. This is a true win-win, especially for Kentucky. We salute Paul Orberson and his team and look forward to a long and fruitful relationship." said Alan Stein, Chair of the BSC and BGSG.

FHTM To Pay 840K Over Pyramid Scheme Charges

Npros.com | 4/27/2010

Fortune Hi-Tech Marketing will be paying $1 million to settle allegations that it was operating a pyramid scheme in Montana.

In March, the Montana Commissioner of Securities and Insurance, Monica Lindeen; put a halt on company operations and filed an action against the company based on consumer complaints that her office received and investigated.

“This agreement sends a clear message to businesses operating illegally in Montana that I am committed to protecting consumers. Montanans work hard to support their families and I will not tolerate the sale of false promises to them.” Lindeen stated.

FHTM representatives were also reported to have suggested company affiliations with Travelocity, General Electric, and The Home Depot, even though such affiliations and income opportunities were non-existent.

Details of the Consent Agreement and Order with Fortune Hi-Tech Marketing: FHTM agrees to refund up to $840,000 to more than 3,400 Montana participants.

FHTM and the company’s founders, Thomas Mills and Paul Orberson, will pay a fine of $100,000 to the Montana general fund. Dianne Graber, a Montana FHTM representative, will pay a $5,000 fine to the general fund.

FHTM will contribute $50,000 to the Investor Protection Trust, a non-profit organization that provides investor education in Montana.

FHTM will be required to change its business practices in Montana, including the following actions:

New participants in FHTM will only be required to pay $75.00 to become a representative,

FHTM will conduct training seminars along with representatives of the Commissioner’s Office, in Billings, Bozeman, Great Falls, Helena, Kalispell and Missoula, and will conduct web-based training that is mandatory for all current or prospective representatives,

FHTM will provide a disclosure brochure to each current and prospective representative outlining FHTM’s program, including the average amount of income achieved and the average amount of time in the program required to reach each level,

FHTM will reinforce with representatives that product sales are not primarily for self-consumption but for sale to non-participants, and

FHTM will require its representatives to maintain records of non-participant customers and submit those records on a monthly basis. Montana FHTM representatives who are entitled to refunds will be receiving a letters from Lindeen outlining the requirements to get their money.

The refund amount is equal to the participants’ cost, minus any earnings they received from FHTM.

Fortune Hi Tech Marketing Reaches Settlement in Montana Case

Npros.com | 4/26/2010

In a precedent setting decision, the Montana Commissioner of Securities and Insurance has ordered FHTM to pay almost $1 million in fines and restitution to Montana residents recruited by distributors and erroneously informed that they would have established contacts with companies like The Home Depot and General Electric, when no such contact existed.

The damages also cover charges and consumer complaints that FHTM distributors were promoting the company to participants as an income potential, as long as they agreed to recruit new distributors. The operation of a business where the only income and profit stems from signing up other people who pay for membership, is a pyramid scheme.

The consent agreement states the following particulars with regard to FHTM and any business they conduct in Montana:

- Agreement to refund more than 3,400 Montana participants in an amount of up to $840,000

- Company founders Paul Orberson and Thomas Mills will pay a fine of $100,000, and Dianne Graber, a Montana FHTM representative will pay $5,000, to the Montana general fund

- The Investor Protection Trust, a Montana investor education non-profit, will receive $50,000 from FHTM

Required changes to business practices include:

- A $75.00 fee for new representatives

- Training seminars in six Montana communities throughout the state and include mandatory web based training for all current and future representatives

- Full disclosure to current and future FHTM participants that includes average income and time commitment necessary for achieving same

Reinforcing sales of products to non-participants as well as participants, and maintenance of non-participant sales records to be submitted monthly.

Any participants eligible for a refund will be notified by the Commissioner’s office. Refund amounts will be determined by subtracting any earnings received from FHTM from the cost of enrollment in the program.

FHTM Ordered to Pay Nearly 1 Million to Settle Pyramid Allegations

Npros.com | 4/23/2010

Helena- Kentucky-based Fortune Hi-Tech Marketing (FHTM) agreed today to pay nearly $1 million to settle an allegation by Montana Commissioner of Securities and Insurance Monica Lindeen that the company was operating a pyramid promotional scheme in Montana. On March 4, 2010, Lindeen ordered the company to stop operations in the state and filed an action against the company, arising from consumer complaints that her office received and investigated. “This agreement sends a clear message to businesses operating illegally in Montana that I am committed to protecting consumers,” Lindeen responded. “Montanans work hard to support their families and I will not tolerate the sale of false promises to them.”

The Order and Proposed Action alleged that FHTM representatives were marketing the company as income potential to participants who agreed to recruit new participants. Those individuals were asked to pay $299 to join the program. FHTM representatives also lured new participants by claiming it offered huge income opportunities through partnerships with large companies such as Travelocity, General Electric, and The Home Depot, when such partnerships did not exist.

Details of the Consent Agreement and Order with Fortune Hi-Tech Marketing (FHTM):

• FHTM agrees to refund up to $840,000 to more than 3,400 Montana participants.

• FHTM and the company’s founders, Thomas Mills and Paul Orberson, will pay a fine of $100,000 to the Montana’s general fund. Dianne Graber, a Montana FHTM representative, will pay a $5,000 fine to the general fund.

• FHTM will contribute $50,000 to the Investor Protection Trust, a non-profit organization that provides investor education in Montana.

• In addition, FHTM will be required to change its business practices in Montana:

-New participants in FHTM will only be required to pay $75.00 to become a representative,

-FHTM will conduct training seminars along with representatives of the Commissioner’s Office, in Billings, Bozeman, Great Falls, Helena, Kalispell and Missoula, and will conduct web-based training that is mandatory for all current or prospective representatives,

-FHTM will provide a disclosure brochure to each current and prospective representative outlining FHTM’s program, including the average amount of income achieved and the average amount of time in the program required to reach each level,

-FHTM will reinforce with representatives that product sales are not primarily for self-consumption but for sale to non-participants, and

-FHTM will require its representatives to maintain records of non-participant customers and submit those records on a monthly basis.

Approximately two weeks from the settlement, Montana FHTM representatives entitled to refunds will be receiving letters from Commissioner Lindeen outlining the requirements to get their money. The refund amount is equal to the participants’ cost less any earnings they received from FHTM.

The settlement agreement can be found at www.csi.mt.gov. For more information about FHTM, call the Montana Commissioner of Securities and Insurance at 1-800-444-2040

FHTM New Legal Troubles in Montana

Npros.com | 3/17/2010

FHTM ( Fortune Hi-Tech Marketing ) encountered new legal troubles this week as the state of Montana ordered the company to cease doing business in the state, and accused FHTM of being a pyramid scheme.

FHTM's first issue was with the North Dakota Attorney General. According to company press releases, the issue was minor and was cleared up quickly.

The company is prohibited from doing business in Montana until there is a hearing or a settlement in the matter.

State Commissioner of Securities and Insurance Monica J. Lindeen stated that Fortune Hi-Tech Marketing took nearly $1.9 million from over 1000 Montana participants between July 2006 and June 2009.

According to Lindeen, the company lures new members with income opportunities with companies such as Dish Network and General Electric. But, she says, members only benefit if they recruit others to join in the alleged scam.

FHTM Press Release

Npros.com | 3/9/2010

PR Log (Press Release) – Sep 28, 2008 – FHTM – Fortune Hi Tech Marketing named the best and fastest growing home based business opportunity. There are a lot of companies that make all types of claims and promises that just don’t add up for some people. They generally push some lotion, potion, energy drink, nutritional supplement, or software package that just doesn’t fit everyone.Sure you’ve heard the horror stories of people who have a garage full of product that they got stuck with it and just cannot move it or end up by giving it away.

However, there is one company out there that has something for everyone. Now, what if you had services and products that you used every single day? Now just think if you were able to get a percentage of what you are paying for the services that you are using right now. Wouldn’t that be exciting?

Well a company called Fortune Hi Tech Marketing which is also known as FHTM, and founded by multi-millionaire Paul Orberson came up with a brilliant plan to bring together Fortune 500 companies that have services and products that people use every single day.

“People all over the country in both the U.S., Canada, U.K., and Puerto Rico use cellular phones, satellite services, internet connections, and travel just to name a few, states Sherri Russell, founder of the Your Travel Buddy and Your Travel Buddy Adventure Tours, “everyone has been doing Fortune Hi Tech for years they just haven’t been getting paid for it.”

Fortune Hi Tech Marketing was founded by Orberson back in 2001 with a compensation plan that was designed to put more money in the independent representative’s pockets then any other compensation plan in existence.

In fact, the editor of Millionaire Blueprint magazine stated, “If I ever made a decision to get involved with any network marketing company, this is the company I would join!”

So here’s a company that is debt free, has a solid foundation of seven years, has a compensation plan that has no equal and has a team of leaders that are interested in your success to succeed in a business that can build you a lifetime of residual income for the rest of your life.

And now with the economy in its current stance and thousands of people loosing their homes and jobs, it’s nice to see that there is one company Fortune Hi Tech Marketing who is interested in helping people find their success once again.

FHTM in the Lexington-Herald Leader

Npros.com | 3/9/2010

FHTM Founder Paul Orbeson was interviewed in the Lexington-Herald Leader:

"In Lexington, where Orberson lives and runs his firm, Fortune Hi-Tech Marketing, he keeps a fairly low profile. The most recent exception was his January bid of $100,000 in the Hoops for Haiti fund-raiser to have dinner with University of Kentucky basketball coach John Calipari and actress Ashley Judd — a gathering he says he might not even attend.

But in Nashville, and in multi-level marketing meetings across the country, he is not just a star, but a legend. He's the high school basketball coach turned multi-millionaire, a man who could see no future, but found one.

Multi-level marketing is sometimes known as using a pyramid sales force because of the triangle shape of the hierarchy of people who are both a recruiting force and a sales force. It usually requires a sign-up fee (in the case of Orberson's company, $299), a lot of energy, and, at least two marketing experts say, a willing suspension of disbelief."

Article Link

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