Tag: Franchises, Business Opportunities, and Investments

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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...
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...
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...
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...
An online promotion began with the headline “No Scam” – and according to a lawsuit brought by the FTC, it was downhill from there.

Filtering by content type: Press Release

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...
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...
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.
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.
At the Federal Trade Commission’s request, a federal court has found that the FTC is likely to prevail in its case against World Patent Marketing, an invention-promotion scheme that allegedly deceived consumers through misrepresentations about its success and the services it provided, and...
At the Federal Trade Commission’s request, a federal court entered a temporary restraining order halting a deceptive work-at-home scheme. The defendants allegedly lured consumers into buying an online system, falsely promising that they would earn thousands of dollars in their spare time working...

Filtering by content type: Plain Language Guidance

Multi-level marketing is a diverse and varied industry, employing many different structures and methods of selling. Although there may be significant differences in how multi-level marketers sell their products or services, core consumer protection principles are applicable to every...

Filtering by content type: Case

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