Last Updated
Case Status
Pending
Federal Trade Commission, Plaintiff v. WealthPress Holdings LLC, a limited liability company; InvestPub LLC, a limited liability company; Conor Lynch, individually and as an officer of WealthPress Holdings LLC; and Roger Scott, individually and as an officer of WealthPress Holdings LLC, Defendants
FTC Matter/File Number
212 3002
Enforcement Type
Civil Penalties
Federal Injunctions
Federal Court
Middle District of Florida
Case Summary
As a result of a Federal Trade Commission lawsuit, investment advice company WealthPress has agreed to a proposed court order that would require it to refund more than $1.2 million to consumers and pay a $500,000 civil penalty for deceiving consumers with outlandish and false claims about their services. In April 2023, the FTC announced it was returning $1.2 million to defrauded consumers.