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Federal Trade Commission, Plaintiff, v., LLC formerly known as Lighthouse Media LLC, a Delaware corporation; Jeffrey M. Bishop, individually and as an officer and/or member of, LLC; Jason Bond, formerly known as Jason P. Kowalik, individually and as an officer and/or member of, LLC and Jason Bond, LLC; Kyle W. Dennis, individually and as an officer and/or member of Winston Research Inc. and Winston Corp.; Sherwood Ventures, LLC, a Texas corporation; Jason Bond, LLC, a Delaware corporation; MFA Holdings Corp, a Florida corporation; Winston Research Inc., a Delaware corporation; and Winston Corp, a California corporation, Defendants.
FTC Matter/File Number
Civil Action Number
Federal Court
District of Maryland

Case Summary

The FTC alleged that the defendants fraudulently marketed investment-related services that they claimed would enable consumers to make consistent profits and beat the market. Instead, the FTC alleges that consumers—many of them retirees, older adults, and immigrants—have lost at least $137 million to the scam in just the last three years. The defendants claimed in their pitches that consumers don’t need a lot of time, money, or experience, and that the global coronavirus pandemic represents a great time to pay hundreds or thousands of dollars to learn their secret trading techniques, claiming in one ad that the pandemic “…might be the most exciting opportunity in decades!” The defendants also made claims like “Learn how you could DOUBLE or TRIPLE your account in One Week!” In March 2023, the FTC sent payments totaling more than $2.4 million to consumers in this case.