Skip to main content

Tags:

The Federal Trade Commission will hold a press conference on Thursday, November 8 at 11 am in Washington, DC, to announce a law enforcement action against the largest-ever international real estate investment scheme the agency has encountered. The Commission estimates that to date hundreds of consumers have lost more than $100 million to the illegal scheme.

WHAT: Press conference to announce FTC action regarding an allegedly illegal international real estate investment scheme
WHO: James Kohm, Assistant Director, FTC’s Division of Enforcement

Consumer affected by the alleged scheme
WHEN: Thursday, Nov. 8, 2018, 11 am ET
(Doors will open at 10:45 am ET)
WHERE: FTC Headquarters, 600 Pennsylvania Avenue, NW
Washington, DC 20580
WEBCAST: The event will be webcast live. A link to the webcast will be available at ftc.gov on Thursday morning.
MEDIA CONTACT: Mitchell J. Katz
FTC Office of Public Affairs
202-326-2161

Reporters unable to attend the event can dial in to listen and ask questions. The call-in number is 1-800-288-8961, and the confirmation number is 456727. The host is Bruce Jennings. Lines will open at 10:45 am ET. Call-in lines are for reporters only. All media attending the press conference must have a valid photo ID to access the building.

The Federal Trade Commission works to promote competition and protect and educate consumers.  The FTC will never demand money, make threats, tell you to transfer money, or promise you a prize. Learn more about consumer topics at consumer.ftc.gov, or report fraud, scams, and bad business practices at ReportFraud.ftc.gov. Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Contact Information

MEDIA CONTACT:
Mitchell J. Katz
FTC Office of Public Affairs
202-326-2161

Return to top