1903: Justice Served: Unanimous Jury Awards Jason $62,847,494 in Malicious False Advertising & RICO Case
10/03/22 • 50 min
If you think it can’t happen to you - think again. For years, Jason has been dealing with an industry competitor who set out to ruin him and destroy his name through trademark counterfeiting, unfair competition and civil racketeering.
Jason and his lawyer explain the details of the case which sound like something straight out of a spy movie. The defendants used Jason’s trademarked name and diverted search engine traffic to themselves and published falsities and salacious content on the web about Jason’s business and sent fake emails in his name.
But justice has been served as the jury found the defendants had clearly engaged in misconduct by using Jason’s name. They engaged in counterfeiting decided by the court based on the undisputed evidence that defendants participated in a form of competition that is unlawful, unfair, and is prohibited by law. The jury also found that defendants actually profited off their misconduct.
Key Takeaways:
Jason editorial
0:00 Welcome to The Creating Wealth Show, episode 1903
1:28 Court case - competitor tried to ruin business
3:20 Join us for the Recession Proof Investing Summit this weekend!
6:17 Unanimous jury verdict from Jason’s recent court battle
Steven Pollack interview
7:29 Brief introduction on the case
11:13 Attorney presiding over the case
13:04 Falsities and salacious content published on the web about Jason’s business and fake emails sent in Jason’s name
14:00 Hiring a domestic cyber investigator
17:47 Defendants used Jason’s trademarked name and diverted search engine traffic to themselves
18:55 Statutory damages of willful counterfeiting
23:53 Federal cybersquatting - using somebody else's domain name
26:46 Federal false advertising
28:40 Racketeer Influenced and Corrupt Organizations Act, commonly known as RICO
30:59 Liability for criminal acts
32:16 Federal and Florida RICO statute
36:34 Difference between counterfeit and RICO
37:56 Florida statutory invasion of privacy, commercial misappropriation of likeness
40:21 Punitive damages
42:41 Florida civil conspiracy punitive damages
45:53 Total amount awarded
47:23 Justice has been served
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund
CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect
Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals
Special Offer from Ron LeGrand: https://JasonHartman.com/Ron
Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
If you think it can’t happen to you - think again. For years, Jason has been dealing with an industry competitor who set out to ruin him and destroy his name through trademark counterfeiting, unfair competition and civil racketeering.
Jason and his lawyer explain the details of the case which sound like something straight out of a spy movie. The defendants used Jason’s trademarked name and diverted search engine traffic to themselves and published falsities and salacious content on the web about Jason’s business and sent fake emails in his name.
But justice has been served as the jury found the defendants had clearly engaged in misconduct by using Jason’s name. They engaged in counterfeiting decided by the court based on the undisputed evidence that defendants participated in a form of competition that is unlawful, unfair, and is prohibited by law. The jury also found that defendants actually profited off their misconduct.
Key Takeaways:
Jason editorial
0:00 Welcome to The Creating Wealth Show, episode 1903
1:28 Court case - competitor tried to ruin business
3:20 Join us for the Recession Proof Investing Summit this weekend!
6:17 Unanimous jury verdict from Jason’s recent court battle
Steven Pollack interview
7:29 Brief introduction on the case
11:13 Attorney presiding over the case
13:04 Falsities and salacious content published on the web about Jason’s business and fake emails sent in Jason’s name
14:00 Hiring a domestic cyber investigator
17:47 Defendants used Jason’s trademarked name and diverted search engine traffic to themselves
18:55 Statutory damages of willful counterfeiting
23:53 Federal cybersquatting - using somebody else's domain name
26:46 Federal false advertising
28:40 Racketeer Influenced and Corrupt Organizations Act, commonly known as RICO
30:59 Liability for criminal acts
32:16 Federal and Florida RICO statute
36:34 Difference between counterfeit and RICO
37:56 Florida statutory invasion of privacy, commercial misappropriation of likeness
40:21 Punitive damages
42:41 Florida civil conspiracy punitive damages
45:53 Total amount awarded
47:23 Justice has been served
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund
CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect
Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals
Special Offer from Ron LeGrand: https://JasonHartman.com/Ron
Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
Previous Episode
1902 FBF: FICO Scores, Pre-Rented Myths, DNA, Goldman Sachs, The Fed & Recessions
Today's Flashback Friday is from episode 982, published on April 2, 2018.
Jason Hartman breaks down some important topics in today's show as he talks about one of the vital assets you have in your toolkit, and that's your credit score. With so many different companies and credit scoring models, it's key that you understand what impacts your score. You need to stay on top of it (and make sure it doesn't get TOO high because then you're not doing enough of what Jason thinks you should be doing).
Jason also looks into what kind of a job the Fed has been doing on their charter, opposition to Amazon, Google and Facebook, the myth of the Rented Home purchase, and some interesting results from his recent DNA test.
Key Takeaways:
4:14 The Fed's job of evening out inflation has been...not so great
7:53 Trump's opposition to Amazon and Jason's opposition to Google & Facebook
10:34 Some disgusting behavior from Goldman Sachs around the time of the mortgage crisis is a PRIME example of how Wall Street treats the average person
12:28 There are the big 3 credit bureaus for your FICO scores, but tons of factors that create each score, PLUS there are even more FICO scoring models out there
14:20 If your credit score is too high you might not be borrowing enough money (but don't borrow for frivolous purposes, borrow for properties)
18:22 A rundown on a few FICO scoring models
22:31 Do millennials really understand inflation?
24:09 The Rented Home Myth
30:01 Jason gave in and did a DNA test
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund
CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect
Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals
Special Offer from Ron LeGrand: https://JasonHartman.com/Ron
Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
Next Episode
1904: Housing Market Correction: To Buy or Not to Buy? Recession Proof Investing Summit JOIN TODAY
Slow and steady housing markets don’t make the news as they are boring and don’t generate the kind of click bait headlines that turn heads, but as an investor, that’s exactly where you want to be. So instead of just listening to the headlines, Jason Hartman teaches you and gives you the tools to evaluate properties, interest rates and changing markets so you can learn to think for yourself! Join Jason and Tyler Wynn as they explore Jason’s views on the changing housing market and how to determine whether or not a property is worth buying.
Join us this weekend for the Recession Proof Investing Summit! Don’t miss this live, virtual event with Jason and his team and some exciting industry experts ready to share their strategies with you! Reserve your spot at: EmpoweredInvestor.com/Summit.
Key Takeaways:
Jason's editorial
0:00 Welcome Empowered Investors!
2:22 Recession Proof Investing Summit this weekend! EmpoweredInvestor.com/Summit
2:40 What is driving changes in housing inventory?
7:22 Cheap mortgages are the new collector’s items
11:34 Save the date for our live event in Scottsdale, AZ - Tom Wheelwright will be speaking!
12:31 Update on court battle - final judgment amount has been reduced
Jason's interview with Tyler Wynn
16:46 Jason’s view of the changing market
18:37 Factors to determine if you are in a good investment market
22:45 The Phillips Curve - balancing unemployment against inflation
24:38 Inflation rates and money lending
27:37 The US dollar is a moving target
29:56 Determining whether or not to buy a house
31:05 Using other assets to determine the value of real estate
33:59 Mortgage payment - historically cheap or expensive?
36:19 Houses are half as expensive today as they were 52 years ago
40:02 Hedonic adaptation
43:00 Will interest rates go back down?
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund
CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect
Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals
Special Offer from Ron LeGrand: https://JasonHartman.com/Ron
Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/creating-wealth-real-estate-investing-with-jason-hartman-16591/1903-justice-served-unanimous-jury-awards-jason-62847494-in-malicious-24142322"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to 1903: justice served: unanimous jury awards jason $62,847,494 in malicious false advertising & rico case on goodpods" style="width: 225px" /> </a>
Copy