Displaying 81 - 100 of 105
FTC Sends More Than $1 Million in Refunds to Victims of Online Selling Scam
Date
The Federal Trade Commission is mailing checks totaling more than $1 million to individuals targeted by a business opportunity scheme that promised consumers big profits from selling on Amazon. The...
FTC Sends More Than $1 Million in Refunds to Victims of Invention Promotion Scam
Date
The Federal Trade Commission is sending refunds totaling more than $1 million to consumers targeted by a bogus invention promotion business that failed to deliver on the services it promised, and...
Steven J. Bransfield
A group of affiliate marketers who lured consumers into a business coaching and investment scheme known as My Online Business Education (MOBE) will surrender millions of dollars in assets to settle Federal Trade Commission charges.
Type of Action
Federal
Last Updated
FTC Matter/File Number
192 3089
FTC Acts to Shut Down Companies Operating Real Estate Seminar Scheme
Date
UPDATE: A stipulated preliminary injunction has been entered in this case. The Federal Trade Commission and the Utah Division of Consumer Protection sued Nudge, LLC and affiliated companies, alleging...
FTC Sues Multi-Level Marketer Neora, formerly known as Nerium, Alleging it Operates as an Illegal Pyramid Scheme
Date
The Federal Trade Commission sued the multi-level marketer Neora, LLC, formerly known as Nerium International, LLC, and its Chief Executive Officer, Jeffrey Olson, alleging that the company operates...
FTC Acts Against Company Using Celebrity Endorsements, Bogus Earnings Claims to Sell Real Estate Seminars
Date
A federal court has entered a temporary restraining order against Utah-based Zurixx, LLC and affiliated companies, which the Federal Trade Commission (FTC) and the Utah Division of Consumer Protection...
Multi-Level Marketer AdvoCare Will Pay $150 Million To Settle FTC Charges it Operated an Illegal Pyramid Scheme
Date
Multi-level marketer AdvoCare International, L.P. and its former chief executive officer agreed to pay $150 million and be banned from the multi-level marketing business to resolve Federal Trade...
FTC Returns More than $2.2 Million to Vemma Affiliates Who Lost Money
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The FTC will be mailing refund checks totaling more than $2.2 million to people who lost money to an alleged pyramid scheme operated by Vemma Nutrition Company. The refunds are the result of the FTC’s...
FTC Details Efforts to Protect Older Consumers in Report to Congress
Date
A new report released today by the Federal Trade Commission details the agency’s comprehensive efforts to protect older consumers from fraud, identity theft, and other problems in the marketplace. The...
Vemma Agrees to Ban on Pyramid Scheme Practices to Settle FTC Charges
Date
Under a settlement with the Federal Trade Commission, Arizona-based Vemma Nutrition Company will end the business practices that the FTC alleged created a pyramid scheme. The multi-level marketing...
Jul13
Working Together to Protect Michigan Consumers: A Common Ground Conference
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Join law enforcement and consumer advocates for this free event to discuss issues affecting Michigan’s consumers. Learn about emerging trends and new and existing challenges. Explore ways to...
FTC Acts to Halt Vemma as Alleged Pyramid Scheme
Date
Promised unlimited income potential, but most participants lose money
FTC Returns Almost $1.9 Million to Consumers in BurnLounge Pyramid Scheme
Date
The FTC is mailing 52,099 checks to consumers who lost money to a pyramid scheme that pretended to be a legitimate multi-level marketing program selling opportunities to operate online digital music...
U.S. Appeals Court Affirms Ruling in Favor of FTC, Upholds Lower Court Order Against BurnLounge Pyramid Scheme
Date
In a victory for the Federal Trade Commission, a federal appeals court has upheld a district court ruling that BurnLounge, a multi-level marketing business, and several associated individuals...
Pyramid Scheme Operator Settles FTC Charges
Date
An operator who used deceptive earnings promises to recruit consumers for a multi-level marketing operation that was a pyramid scheme has agreed to settle Federal Trade Commission charges that the...
FTC Asks Court to Shut Down Illegal Pyramid Operation
Date
On June 6, 2007, the FTC filed a complaint in the U.S. District Court for the Central District of California against BurnLounge, Inc. The complaint charges that BurnLounge sold opportunities to...
Business Blog
Stopping business opportunity and credit repair scams in their tracks: What to know about the FTC’s allegations against Growth Cave and Apex Mind
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The FTC recently filed a case to stop what it describes as a fast-moving scam involving a group of companies offering business opportunities and a supposed credit repair service. Although the names...
Business Blog
New resources to help protect consumers and small businesses from fraud
Date
Consumers speak many languages and unfortunately scammers are conversant in all of them. That’s why the FTC has reinforced its fraud fighting capabilities by collecting scam reports in multiple...
Business Blog
FTC crunches the 2022 numbers. See where scammers continue to crunch consumers.
Date
There are prime numbers, irrational numbers, and Fibonacci’s numbers – but from a consumer protection perspective, no number is quite as sobering as the dollar amount that people reported losing to...
Displaying 81 - 100 of 105