September 25, 1996 |
The Federal Trade Commission has negotiated a $2.5-million judgment against American Fortune 900, a Los Angeles company accused of fleecing investors in several celebrity chat lines, including one featuring LaToya Jackson. The deal, which requires court approval, won't benefit investors much. Federal investigators said American Fortune 900 has about $81,000 in its bank accounts and has few other assets. The outfit has been in receivership since January.
CALIFORNIA | LOCAL
May 5, 1995 |
A woman who runs an adult "phone fantasy" line sued two former employees this week, alleging they stole her customers for their own business and told them her "models" were fat and ugly. In a suit filed Wednesday in Orange County Superior Court, Monic Alponte accuses Yolanda Medina and Erika Pina of giving customers their own business telephone number.
August 21, 1996 |
FTC Obtains Judgment in 900-Number Case: The commission said the $100,000 judgment is against Rory Cypers, a principal in American Fortune 900 of Westlake Village. The FTC charged Cypers, 26, and his company with using deceptive means to get consumers in an investment partnership that purported to earn income from 900-number telephone chat lines with celebrities LaToya Jackson, Playboy model Carol Shaya and former New York Newsday columnist Michael Shain.
December 16, 1994 |
Lupe the psychic was on the phone from somewhere in Arizona, and her fortunetelling wasn't coming cheap: $3.99 for each minute we spoke over the LaToya Jackson Psychic Network. Actually, I got Lupe by chance. A recording answered LaToya's 900-number: "If you know the extension number of the psychic you'd like to talk to, press 1." As a first-time caller, I took pot luck, and pressed 2. "Hi. Welcome to the LaToya line. This is Lupe. Who's this, please?" "You're the psychic," I said.