Announced Actions for July 1, 2005

For Your Information

Issuance of final default judgments and orders of permanent injunction: The U.S. District Court for the Southern District of Florida has issued two default final judgments and orders for permanent injunction against FTC defendants Money Movers, Inc. and Erastus Corning Davis, aka Corning Davis; and Gold Leaf Distribution, Co., Luz Amporo Ugarte and Jose V. Ugarte. The Department of Justice filed complaints on behalf of the FTC against both sets of defendants as part of Project Biz Opp Flop, a multi-agency law enforcement sweep targeting fraudulent business opportunities. Each default final judgment and order is available now on the Commission’s Web site as a link to this press release. (Civ. Nos.: 05-20441-Civ-Moreno/Garber and 05-80101-Civ-Ryskamp/Vitunac; the staff contact is Michael Davis, Bureau of Consumer Protection, 202-326-2458; see press release dated February 22, 2005.)

Copies of the documents mentioned in this release are available from the FTC’s Web site at http://www.ftc.gov and also from the FTC’s Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, DC 20580. Call toll-free: 1-877-FTC-HELP.

Contact Information

Media Contact:
Office of Public Affairs
202-326-2180