Tag: Franchises, Business Opportunities, and Investments

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Vision Solution Marketing and related defendants pitch services to prospective entrepreneurs and people looking to supplement their income. Among the defendants’ products is business “coaching” that sets people back as much as $13,995. But given the host of alleged misrepresentations...
You can say this about scammers: They tend toward the trendy. As new products and services enter the marketplace, it’s not long before fraudsters find a way to exploit consumer interest in the innovation to make a quick buck. Cryptocurrencies are no exception, which is why the FTC is...
The Federal Trade Commission has charged two Utah individuals and their telemarketing operation with deceptively claiming their business coaching services can help consumers start home-based businesses that earn thousands of dollars a month.
Scott Cooper and his companies, World Patent Marketing Inc. and Desa Industries Inc., have agreed to a settlement with the Federal Trade Commission that bans them from the invention promotion business.
Five deceptive marketers and the companies they ran are banned from selling business coaching programs and investment opportunities, and from credit card laundering and telemarketing, under a settlement with the Federal Trade Commission.
An FTC lawsuit alleges that money-making claims made by a related group of companies and individuals for their Amazing Wealth System are “amazing” all right – if by “amazing” you mean “not credible” or “unsupported by the facts.” The complaint charges the defendants with violating the...
La Comisión Federal de Comercio (FTC, por su sigla en inglés) ha presentado cargos contra un esquema de oportunidad de negocio por declarar falsamente que la gente que compre su costoso sistema llamado “Amazing Wealth System” aprenderá los “secretos para ganar dinero en Amazon” y tendrá...
The Federal Trade Commission has charged a business opportunity scheme with falsely claiming that people who buy the defendants’ expensive “Amazing Wealth System” will learn “secrets for making money on Amazon” and likely earn thousands of dollars a month.
Michael Abdelmesseh and KMA Merchant Services LLC have agreed to settle a Federal Trade Commission lawsuit for laundering credit card charges for Money Now Funding (MNF), a business opportunity scheme that falsely promised consumers they would make thousands of dollars helping small businesses get...
As a business person managing your personal portfolio, you do your best to keep up with the latest financial news. You’ve been hearing more about cryptocurrencies and asking yourself “Hmmm.” Of course, it’s not just bitcoin. There are now hundreds of cryptocurrencies, which are a type...
The Federal Trade Commission is mailing 7,583 checks totaling more than $2.2 million to people who lost money to a telemarketing scheme offering business coaching services. As alleged in the FTC’s complaints, the defendants falsely promised consumers they would earn substantial income from home-...
Three individuals and the company they control have agreed to settle Federal Trade Commission charges that they deceived consumers in a telemarketing scheme that took millions of dollars from thousands of people who were trying to start home-based Internet businesses.  The settlement order bans...
Multi-level marketers sell a wide variety of products and services and they structure their companies in different ways. But there’s a lodestar that all industry members can use to navigate through issues that may arise – and here it is:  Core consumer protection principles apply to...
The Federal Trade Commission staff has released business guidance to help multi-level marketers (MLMs) understand and comply with the law.
The operators of a work-at-home scheme the Federal Trade Commission sued earlier this year for deceptive practices are banned from selling business opportunities and business coaching services under a settlement with the Commission.
It sounds like there was some “inventing” going on at Florida-based invention promotion firm World Patent Marketing, but a Preliminary Injunction in a case brought by the FTC suggests it wasn’t the kind that unsuspecting consumers bargained for when they forked over millions of...
A Utah-based operation that helped allegedly deceptive telemarketers take millions of dollars from consumers’ credit card accounts will be banned from the payment processing business under a settlement with the Federal Trade Commission.
The operators of a telemarketing scheme that pitched phony business and grant opportunities have agreed to be banned from those lines of business under a settlement with the Federal Trade Commission, which alleged that they targeted seniors, veterans, and debt-laden consumers with the scam.

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