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Everyone should do a chargeback. The claim for money then falls to the cc company and/bank. Much better to let chase / visa etc go after mike. They have deep pockets and have lawyers that can be very persuasive.
You can see his website was designed by Bennion Marketing. It's a local Utah business. Someone more entrepreneurial than me can touch base with them to track Mike down. I doubt they want to be associated with a scam.
www.bennionmarketing.com
guys - first time poster, joined on as I now have $$ tied up in Phenoms. I agree - we have little hope of getting this back. Like most ponzi-type schemes, they start off with the best intentions, the person at the center starts losing money on something and thinks it's "only a matter of time"...
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