FOR IMMEDIATE RELEASE: May 12, 1988 FTC CHARGES OVERSEAS JOB PLACEMENT FIRM BILKED CONSUMERS OUT OF $25 MILLION The Federal Trade Commission has charged Overseas Unlimited Agency Inc. with conducting a fraudulent telemarketing scheme that promises to place consumers in overseas jobs, but which has bilked approximately 70,000 consumers out of an estimated $25 million. A federal court has issued a temporary restraining order against the company and frozen its assets. According to the complaint, Overseas and its two owners and officers, Michael B. Marks and his wife, Susan Roy Marks, allegedly offer overseas employment matching services. They claim to "match" job applicants with a computerized data base of actual current job openings and to send customers' resumes to companies which have job openings matching the customers' skills. Overseas sells its services for $395 to $550, and has advertised in national and local magazines and newspapers, by telephone and by mailed promotional materials. The FTC's complaint charged that Overseas and the Markses falsely claimed that: -- customers were very likely to get overseas jobs through their placement services. In fact, the complaint alleges, many or most of the customers have not obtained jobs through Overseas. -- they have information on 10,000 to 15,000 or more currently available overseas job openings. According to the complaint, they actually have information on substantially fewer than 10,000 openings. -- they maintain "close working relationships" with hundreds of companies which have overseas jobs available, and that they discuss individual customers' applications with those companies. The complaint charges that they have no such "close working relationships," and that on few, if any, occasions have they discussed individual applications. -- they match customers with at least three prospective employers within the time specified in the contract, and make refunds to customers who are not provided matches. In fact, the complaint alleges, they do not match all customers with three prospective employers within the time limit and do not provide refunds. (More) Consumers have suffered "substantial injury" as a result of these actions, the complaint charges. The U.S. District Court for the Central District of California, in Los Angeles, at the Commission's request, issued a temporary restraining order, froze the assets of the company and the individuals, and appointed a receiver to run the company. The Commission also asked the court to issue a permanent injunction against any misrepresentations in the sale of employment matching services and to order the defendants to pay redress to consumers at the conclusion of the case. Overseas is based in Los Angeles, and has maintained offices in Boise, Idaho; Newark, N.J.; and Tampa, Fla. Michael Marks is the president, chief financial officer and secretary of Overseas, and owns 99.8 percent of its stock. Susan Roy Marks is Overseas' vice president. The Markses reside in Canyon County, Calif. The Commission had the cooperation of a number of state and federal officials in developing the case. NOTE: The Commission files a complaint when it has "reason to believe" that the law has been or is being violated, and it appears to the Commission that a proceeding is in the public interest. The complaint is not a finding or ruling that the defendants have actually violated the law. The case will be decided by the court. Copies of the court filings are available from the FTC's Public Reference Branch, Room 130, 6th St. and Pennsylvania Ave. N.W., Washington, D.C. 20580; 202-326-2222; TTY 202-326-2502. # # # MEDIA CONTACT: Susan Ticknor, Office of Public Affairs, 202-326-2181 STAFF CONTACT: Richard Kelly, Bureau of Consumer Protection, 202-326-3304 (FTC File No. 882 3051) (Civil No. 88-2583) (Overseas)