Additional FTC evidence

Wire transfers overseas, additional foreign bank accounts, and efforts to hide money

In the ten days following the temporary restraining order, the FTC had been quietly examining the evidence from the Fortuna offices in Bellingham and Carson City, as well as a "warehouse" at an undisclosed location near Bellingham. On Friday, June 7, the results of the examination were made public in a document filed in federal court by FTC attorneys. The FTC document states that the additional evidence includes: Evidence of additional wire transfers overseas, additional foreign bank accounts, and efforts to hide money. Evidence of Fortuna's knowledge that its program was a pyramid scheme and doomed to fail. Fortuna's skimming of supposed membership profits in favor of its principals, by preloading the top of the pyramids for the Elite, Premier and Ambassador trees. Fortuna's purchase of Don and Joan Grant's foreclosed farm with $210,000 transferred from the Fortuna's off-shore bank account. Ownership of the farm was transferred to an offshore holding company, the Conservation Holding Group. The parent company is Conservation Group, Inc. Its directors are Don and Joan Grant, Augie Delgado and Libby Welch. Law enforcement and regulatory actions have commenced against Fortuna in Australia, Canada, Washington State and Florida. The Florida and Canada actions include criminal charges. The full FTC document can be found at their government web site.

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