International Heritage (IHIN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : International Heritage (IHIN)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Arcane Lore who wrote (415)	5/7/1998 1:35:00 PM
From: Gutterball	Read Replies (1) of 454

International Heritage Says Montana Dropped Pyramid-Scheme Charges RALEIGH, N.C. -(Dow Jones)- International Heritage Inc. said Wednesday the Montana State Auditor and Commissioner of Securities dropped a $250,000 fine and two cease-and-desist orders against the company, which the state alleged was operating an illegal pyramid scheme. International Heritage (IHIN), which sells jewelry, collectibles, nutritional and skin-care products and other goods, said it agreed to reimburse the state for $21,000 in investigative costs and to refund a limited number of Montana sales representatives and customers who may be dissatisfied. The company said since June 1995, it has voluntarily accepted 421 returns from Montana sales representatives and denied five. The company has an additional 45 refund requests. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next