Tag: Franchises, Business Opportunities, and Investments

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Filtering by content type: Press Release

The Federal Trade Commission announced that the U.S. District Court for the Eastern District of Louisiana has permanently enjoined National Business Consultants, Inc. (NBC), and Robert Namer (who has also used the name Robert Behar) from making false and misleading claims or omitting material...
The Federal Trade Commission has charged National Business Consultants Inc. with making false and misleading claims in the sale of business opportunities for business consulting services. At the FTC's request, a federal court has issued a temporary restraining order forbidding further alleged...
The Federal Trade Commission is mailing 358 refund checks totaling $939,207.78 to consumers who lost money after paying performance deposits to become business or sales consultants to National Business Consultants, Inc. (NBC) and its owner, Robert Namer. Consumers receiving checks initially will...
The defendants in a federal court action brought by the FTC have agreed to stop operating an advance fee recovery scheme for the duration of the on-going litigation. The FTC seeks to permanently stop the operation, which in the past year took close to $1.3 million from consumers, many of them...
A federal district judge has ordered a business opportunity company and its president to pay more than $25 million in refunds to consumers who were conned with bogus claims that they could earn substantial income working at home. In granting the FTC’s motion for summary judgment, the court found...
The Federal Trade Commission is mailing more than $4.4 million in refund checks to 2,004 consumers harmed by the Ivy Capital business “coaching” scheme, which falsely claimed that it would help them develop their own Internet businesses.
The final defendant charged by the Federal Trade Commission in a business opportunity scheme that he falsely claimed would enable consumers to earn a significant income by affiliate marketing with websites of well-known companies such as Prada, Sony, Louis Vuitton, and Verizon has agreed to settle.
The Federal Trade Commission halted the allegedly deceptive practices of two schemes that targeted consumers hoping to succeed through home-based businesses. The defendants behind both operations have agreed to settlements that will prohibit future misconduct, and in the Tax Club case, they will...
Bajo los términos de un acuerdo resolutorio con la Comisión Federal de Comercio (FTC, por su sigla en inglés) y los estados de Illinois, Kentucky y Carolina del Norte, los operadores de un esquema piramidal con base en Kentucky, que en los últimos cuatro años inscribieron a más de 350,000...
The operators must also surrender assets totaling at least $7.75 million, which will be returned to consumers.
In testimony before Congress today, the Federal Trade Commission described its efforts to stop precious metals investment scams and inform consumers how to avoid them.
The operators of a business opportunity scheme have agreed to settle Federal Trade Commission charges that they defrauded consumers through the sale of a work-at-home program that purportedly provided consumers with their own websites that would enable them to earn a significant income by...
At the Federal Trade Commission’s request, a federal court entered a temporary restraining order halting a deceptive work-from-home scheme that conned millions of dollars from consumers by falsely telling them they could easily earn thousands of dollars a month by purchasing bogus business...
Several companies and individuals have agreed to settlements with the Federal Trade Commission that ban them from selling business or work-at-home opportunities and require them to surrender assets to the FTC.
The Federal Trade Commission is mailing refund checks totaling more than $1.8 million to 433 consumers who were victimized by a scam that promoted video rental machines as a business opportunity.
An operation that allegedly bilked consumers by falsely claiming it could help them recover money they lost in previous scams will be banned from selling recovery services under a default judgment against Business Recovery Services LLC and a consent judgment against its owner, Brian Hessler.
At the Federal Trade Commission’s request, a federal court has halted an elusive business opportunity scheme that allegedly conned more than $6 million from American and Canadian consumers.  The FTC has alleged that the defendants falsely promised consumers that they could make money by referring...
The Federal Trade Commission is mailing 426 refund checks totaling more than $950,000 to consumers who were victimized by a scam that promoted video rental machines as a business opportunity. This mailing, combined with checks previously mailed by the FTC, will increase the total funds returned to...
Telemarketers behind an allegedly fraudulent investment scheme used to con nearly $5 million from elderly consumers have been banned from selling precious metals under a settlement with the Federal Trade Commission.
Christopher Andrew Sterling, a work-at-home opportunity marketer, has been banned from selling work-at-home and business opportunities under a federal court settlement. The FTC sued Sterling in November 2012 as part of “Operation Lost Opportunity,” a federal-state crackdown on scams that falsely...

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