• Report: #132429

Complaint Review: Fortune Hi-Tech Marketing

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  • Submitted: Tue, February 22, 2005
  • Updated: Sat, May 07, 2011

  • Reported By:Hillsboro Alabama
Fortune Hi-Tech Marketing
Harrodsburgh Rd. Lexington,Kentucky Lexington, Kentucky U.S.A.

Fortune Hi-Tech Marketing Stay away from Fortune Hi-Tech Marketing All money is made on $249 membership and 19.95 monthly websites and 149 yearly renewals Lexington Kentucky

*Consumer Comment: As an ex-cop you are an idiot

*General Comment: FHTM Scam or not?

*Consumer Comment: Borderline Pyramids

* : What is a Pyramid Scheme?

*UPDATE Employee: People That Talk Bad About Fortune does not really understand what it is!

*Consumer Comment: You need to understand something....

*Consumer Comment: FHTM

*Consumer Comment: FHTM is not a scam or Pyramid Scheme

*Consumer Comment: Fortune 500 companies will be interested in gaining sales as long as nothing is "illegal".

*Consumer Comment: Fortune 500 companies will be interested in gaining sales as long as nothing is "illegal".

*Consumer Comment: Fortune 500 companies will be interested in gaining sales as long as nothing is "illegal".

*Consumer Suggestion: Fortune Hi-Tech Marketing is not a Ripoff period...

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Fortune Hi-Tech Marketing is a Network Marketing company that makes profits by membership sign-up $249 and charging 19.95 a month to their own reps to sign up services for them to profit 90% of the monthly bills.They recorded 30+ million in revunue last year and I done a caculation of reps they reported they had if you add it up all the money is coming from the rep sign up and monthly websites. What I have read about pyramid schemes this would fall under it. I seen close hand because @ the time the #1 money earner Denson Taylor was averaging 30K a month, and 99.4% of that money was from a person paying $249 in his pyramid. I felt compelled to let everyone out there to stay away from this scheme.

Larry
Hillsboro, Alabama
U.S.A.

This report was posted on Ripoff Report on 02/22/2005 11:29 PM and is a permanent record located here: http://www.ripoffreport.com/r/Fortune-Hi-Tech-Marketing/Lexington-Kentucky/Fortune-Hi-Tech-Marketing-Stay-away-from-Fortune-Hi-Tech-Marketing-All-money-is-made-on-2-132429. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment

As an ex-cop you are an idiot

AUTHOR: fhtmclassaction - (United States of America)

An important question concerning America's wider moral-standing in the world

At a time when the current, elected leadership of the USA, and many Americans, have been claiming absolute moral authority in the wake of the US military's summary execution of Osama Bin Laden (the latest in a long line of megalomaniacal, psychopathic cult leaders guilty of perpetrating, and/or directing, evermore heinous crimes whilst steadfastly pretending absolute moral authority), yet again we have come back to an important question concerning America's wider moral-standing in the world, which the current, elected leadership of the USA, and many patriotic Americans, still seem incapable of comprehending, let alone addressing - 

Has (what is now commonly-referred to as) 'Multi-Level Marketing ' been:

1). a fundamentally-lawful and philanthropic enterprise created, self-regulated and openly-declared by honest and ethical Americans who have sold economically-viable 'business opportunities' through which significant numbers of fully-informed participants around the globe have been able to earn their livings by regularly retailing exclusive, good-value products, and/or services, to the public for a profit ?

2). a fundamentally-unlawful and pernicious enterprise created, centrally-controlled and occulted by various gangs of narcissistic, US-based racketeers who have (as a result of chronic US regulatory failure and organized political corruption) been allowed to pretend absolute moral and intellectual authority whilst luring an endless-chain of tens of millions of ill-informed individuals around the globe into unconsiously participating in a series of essentially-identical, self-perpetuating, dissimulated closed-market swindles, and related advance fee frauds, which have generated, and continue to generate, many billions of dollars by exposing their victims (without their fully-informed consent) to co-ordinated, devious techniques of social, psychological and physical persuasion designed to shut down individuals' critical and evaluative faculties and convert them to the self-gratifying, but economically-suicidal, group-delusion that the exact duplication of a plan of self-consumption and recruitment can lead anyone to 'total financial freedom?'

Perhaps the most powerful weapon against totalistic cults like 'al Qaeda', Paul Orberson and FHTM would be for the current, elected leadership of the USA to face up to reality and make the effort to put their own, far-from-morally-perfect house in order.

David Brear (copyright 2011)
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#2 General Comment

FHTM Scam or not?

AUTHOR: Anonymous - (United States of America)

Up until today I put faith in the reports from Ripoffreport.com.    I will have to say that I now know that anyone can comment about anybody or company with out any clue as to what they are talking about.  This guy for all I know could be in a competing company and trying to trash FHTM.

I joined FHTM Fortune Hi-Tech Marketing in November of 2009.   In a short 6 months I  have found none of this persons allegations to have any truth.  My first week I made $300, which was my initial investment.   My 4th month in the business my checks started exceeded $10k per month.   I worked hard to achieve this level of success and this is no get rich quick scheme.   You get what you put into it.   You work it you make money; you don't you get nothing.    I have not ever seen anything this good in my life ! 

I'm a real estate broker in Houston I researched online and found some negative and some positive feed back and decided that it was worth $299 to find out for myself.   A small price to pay if it works.    What if it works?   A small price to pay.  

I'm so happy I maded that decision because it is changing my financial future forever.  I just recently made Executive sales manager and going full time in Fortune in a short 6 months time.    Where else can you exceed a six figure income in a matter of 6 months.    This is the real deal !   Don't let broke sceptics like this peron steal your dream ! 

"Opportunity is missed by most people because it is dressed in overalls and looks like work." - Thomas Edison

Life is Good !  Dream Big !

 

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#3 Consumer Comment

Borderline Pyramids

AUTHOR: ConstantResearcher - (USA)

Fortune Hi-Tech Marketing is a legal company.  However, if you analyze its compensation plan, it does resemble a pyramid.  Its a good idea, with any network marketing company, to calculate how many people you need in your downline to generate $5,000 per month in RESIDUAL income...NOT bonus money.  This will tell you how much recruiting you need to do.  This is tricky with a company like Fortune because the residual income is different for each product/service and level.  But you can take an average.  Or ask someone in the company who has a sizable downline...2,000 or 3,000...how much they are making in residual income per month.   Also,  if your income stops, or SIGNIFICANTLY decreases when the recruiting stops, you've got a pyramid-type compensation plan.  If the company pays you a couple of hundred bucks a month in residual income on a downline of 3,000 +, it can still call itself legal because you are getting something.  MLM-thetruth.com has some good tips on what information to ask for BEFORE you pay your 'entrance fee'.

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#4

What is a Pyramid Scheme?

AUTHOR: Seeker of The Truth - (USA)


I'm a new rep with FHTM and I want to share with you what I did the first time (yesterday) someone I told me that FHTM was an illegal pyramid scheme.  I did research on what is an illegal pyramid scheme versus a legitimate way for a new company to build a sales force to sell products and services.  I googled (searched on Google) using the phrase "pyramid schemes."  What I found is this - the difference is that illegal pyramids do not have any products or services that they sell.  All of the money made is paid by people joining.  Sort of like a money-based chain letter (one type of illegal pyramid scheme) -- send $1 and you will receive $100 kind of thing.  Legitimate MLMs have products or services that are of inherent value to customers and even though you may be encouraged to recruit others, you could make money just selling products.  FHTM has lots of great nationally branded products that offer many people lots of value -- DirectBuy, Travelocity, Sprint, T-Mobile, AT&T, Verizon, Dish Network, etc.  So, I'm suggesting that you do a bit more reading on illegal schemes before you go off hating on lots of good people who may have no other option to make a living with 10% unemployment.



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#5 UPDATE Employee

People That Talk Bad About Fortune does not really understand what it is!

AUTHOR: Rising Star - (U.S.A.)

I am a retired police officer. I do my research before getting involved with anything. The first thing about this person that let's me know that they do not know what they are talking about.
1. Saying that the company is making their income from the sign up fee, and the web site fee. The sign up fee is now $299, and the web site fee is $19.95. When a person signs up with this company and gets either items or services that provide three qualifying points. They are a manager. Every time someone does this there is a little over $500 paid out in bonus money through the up-line. You can call this number to get more info (646) 222-0243 (recorded message). If you have any more questions you can call or e-mail me. I am guessing that the person who said he figured all of this out must have been using his fingers and toes. It is not hard to figure out when Fortune is paying out $500+ from $299 & $19.95 this company would be going broke instead of showing the profits they are showing.

To give an example of what this company does...It is like you purchased a complete strip mall and you were going to put your own business into each slot. In some you could have any of the major cell phone companies, in another you could have dish network, in another you could sell True Essentials Products, and the list goes on and on. Each of these companies have independent distributors that sell their products. Trust me they are getting paid by these companies or they would not go to the expense to set up these independent businesses. With Fortune you are not looking to sell products. You are setting up a network of consumers. So when you change the products you have already been using to your own personal web site...You now get residual income as a percentage of each bill that you pay to these companies. You also get the bonus pay for each person you introduce to this business that decides to do the same thing that you have done. You also get residual income based on a percentage of the bills of the people you help do the same thing that you did. That is the simple breakdown of this business. People that complain about paying for a web site that manages their business and their sign up fee blow me away. They want a free lunch and want to make a million dollars without working their business. I have met people who have built a business in less then a year with Fortune where they are earning an income of $8000 a month! I have also met everyday people that have been working this for a while and they are making over $200,000 a month. These are not exagerated figures like Amway got into trouble for putting out. These are incomes that can be verified.
People also like to throw out the name Excel and talk about how they filed for Bankruptcy protection. There are several reasons this happened. First, the company was sold and they got greedy and wanted to make it harder for the reps. Second, they were involved with long distance service as their only service they offered to their reps. For you younger people long distance service was a big thing at one time. You had to watch you long distance just like you now watch your cell phone minutes. Companies like AT&T and MCI worked hard to get people's long distance business. Excel would have died without the first problem because like the dinosaur it's time was past. Now you can buy unlimited long distance packages for around $30 a month. Cell phones were not as popular then as they are now either. I do not know anybody that still has to pay by the minute for long distance service. I am sure there is still some people who do this but I would guess the percentage is very small. Like Fortune, Excel's business plan was to set up a network of consumers instead of trying to sell long distance service. IT also had residual income. It is a known fact that Paul Orberson made over 1.2 million dollars a month for 21 months straight with that company. He started Fortune. With Fortune there is no board worried about their stock. This is a private owned business. Paul is working to give to other people a chance to do what he did with Excel. One last thing for those that say this is illegal. This last year a state attorney general for a state in the NE investigated Fortune Hi-Tech Marketing as part of his job. He and his wife signed up to do this business. You cannot be connected with major companies that have to meet regularions from the FCC like Dish Network and all of the cell phone companies and not have met all of the federal regulations. What you meant to say is that it was not worth it to you to pay a sign up fee and pay for your web site that manages your business for you to build a business that can provide most people more financial freedom then anything else out there at this time.
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#6 Consumer Comment

You need to understand something....

AUTHOR: John - (U.S.A.)

To Whom It May Concern:
What was suggested in this comment is absurd. If the person that signed up in this organization only paid $299 and purchased no products, that would be a PONZI scheme - stealing from Peter to pay Paul. This is the reason why you have to garner 3 customer points, either personal or by selling 3 products or services to other customers. In fact, one of the top performers in Fortune did not have the money to join. His father gave him the $299, and then he sold his grandmothers on Satellite TV as well as one other thing. This, along with the amazing training is why Fortune has been around as long as it has.

The idea of scorning people who benefit from bringing others into the business is simply absurd. This is like saying that I won't buy insurance from my friend Bill because he is going to get a commission from the sale. If the person who signed you up gets no commission from doing so, what would be his/her motivation to help you? After all, they spent gas to drive you to the presentation, and they may have taken you out to eat in order to earn the right to share the presentation with you initially. Do you scorn your boss for making money off of you and paying you less than you deserve? Probably not. I don't know about you, but if I could afford to pay Donald Trump to teach me principles of success, I would do it in a heartbeat. The membership fee compensates successful people to teach you how to do what they do to get what they have.

The one thing that has impressed me more than any business ever has is how willing people are to help you. Even people that do not get any direct financial benefit from me offer me their assistance all the time because they want to see others succeed the way that they have. Plus, they corrected my former methods that made me NO money so that I can now make some money.

Say what you want about Fortune. I really don't care. I am in this business to succeed by helping other people to succeed because I am a caring person, not a selfish one. I finally found an opportunity to help even the poorly educated person do extremely well.

I wish you well as you seek the opportunity that gives you the greatest benefit.
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#7 Consumer Comment

FHTM

AUTHOR: B - (Canada)

What you have written here is very far off the facts of this company.
I have been with this company for a long while, and have many, very pleased
team members; earning extra income; from the comfort of their homes, by generating customers.
FHTM is the best home based business I have ever found...I have tried many!
The products and services are excellent, I am a very happy and financially free
representative.
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#8 Consumer Comment

FHTM is not a scam or Pyramid Scheme

AUTHOR: Dbnn - (U.S.A.)

I am not an employee for Fortune Hi-Tech Marketing, I have my own franchise - if you will, with FHTM. From the time of it's conception in 2001, it has always been $299.00 to get into the company. The company has paid me faithfully so far, and my team is using the services that FHTM is partnered with. They are legitimate and the company is all about helping it's Reps achieve their financial goals.

As with any business that you invest in, you will need to put some time and effort into it in order for it to take off. Ask that of any franchise owner. I am a Upline to someone else and I work with my team members to get their businesses off the ground. I take an active interest in their business - so mine will exceed also. It's all about teamwork. Some people come into the marketing business with no interest in their own company, and do not place value on it. These are the ones that criticize FHTM. I can work with my team because I care about what our tomorrows will be. I am personally working with people who have been with FHTM for more than one year, and it's working for them very well. It's because they value their business and their team members business. Vision and drive is what it takes.

The company is 100% debt free and it's financially solid. The headquarter keeps 10% of the commissions paid to them from their partners and 90% goes back out to the Reps.

For more information, we are listed with the Dunn & Bradstreet Report.
I felt like I needed to comment back regarding FHTM. Anyone can go to fhtm.net for more insight on the company itself.

Thank you,

Debbie
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#9 Consumer Comment

Fortune 500 companies will be interested in gaining sales as long as nothing is "illegal".

AUTHOR: Thomas - (U.S.A.)

So would I decide if an MLM is really a scheme? When the MLM's major income is from "MLM memberships" rather than the MLM's products and/or services.

$249 to join + $20/ month = $489 the first year, and then $389 every year thereafter. Then one must factor in the comission scheme. I suspect the comissions are meager.

Finally, you can only make money according to the total available demand in your personal market, and if "everybody else" in your personal market can sell exactly what you are selling then that oversaturation will kill your sales. As a contrasting business model, nobody can be an MD simply by paying $249 to join. In fact, it is difficult and expensive to become an MD, which is why an MD will make good money with a substantial amount of security.

Well, at least Fortune Hi-Tech Marketing charges less than Amway did......
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#10 Consumer Comment

Fortune 500 companies will be interested in gaining sales as long as nothing is "illegal".

AUTHOR: Thomas - (U.S.A.)

So would I decide if an MLM is really a scheme? When the MLM's major income is from "MLM memberships" rather than the MLM's products and/or services.

$249 to join + $20/ month = $489 the first year, and then $389 every year thereafter. Then one must factor in the comission scheme. I suspect the comissions are meager.

Finally, you can only make money according to the total available demand in your personal market, and if "everybody else" in your personal market can sell exactly what you are selling then that oversaturation will kill your sales. As a contrasting business model, nobody can be an MD simply by paying $249 to join. In fact, it is difficult and expensive to become an MD, which is why an MD will make good money with a substantial amount of security.

Well, at least Fortune Hi-Tech Marketing charges less than Amway did......
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#11 Consumer Comment

Fortune 500 companies will be interested in gaining sales as long as nothing is "illegal".

AUTHOR: Thomas - (U.S.A.)

So would I decide if an MLM is really a scheme? When the MLM's major income is from "MLM memberships" rather than the MLM's products and/or services.

$249 to join + $20/ month = $489 the first year, and then $389 every year thereafter. Then one must factor in the comission scheme. I suspect the comissions are meager.

Finally, you can only make money according to the total available demand in your personal market, and if "everybody else" in your personal market can sell exactly what you are selling then that oversaturation will kill your sales. As a contrasting business model, nobody can be an MD simply by paying $249 to join. In fact, it is difficult and expensive to become an MD, which is why an MD will make good money with a substantial amount of security.

Well, at least Fortune Hi-Tech Marketing charges less than Amway did......
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#12 Consumer Suggestion

Fortune Hi-Tech Marketing is not a Ripoff period...

AUTHOR: Fortune101 - (U.S.A.)

Everyone wants to compare this company with excel communications, and claim that it will go bankrupt just like excel. I'm going to make this very simple and plain. Excel communication went bankrupt because they were selling home long distance, and they didn't evolve with technology. When the cell phone age exploded no one was interested in home long distance. Now the difference with Fortune Hi-tech Marketing is they have more than one service or product such as Disney, Sprint, Verizon, GE home security, etc. So any one reading this report remember excel communication made billions on one service alone "Home Long Distance" Fortune Hi-Tech Marketing is making theirs from several services and products. Also remember that if this was a pyramid scheme then their is no way in the world these fortune 500 companies would have anything to do with Fortune....


Louie
Charlotte NC
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