U.S. Freezes Assets Of Work-At-Home Web Firms Promising Thousands
Source: REUTERS
Reuters
4:22 p.m. CST, February 24, 2014
(Reuters) - A U.S. district court in Utah has frozen the assets of several Internet business coaches accused of lying to customers about their potential earnings after signing up for the services, the Federal Trade Commission said on Monday.
The companies are Essent Media LLC, Net Training LLC, YES International, Coaching Department, and Apply Knowledge, the FTC said in a statement. The commission, which voted 4-0 to sue the Utah-based defendants, filed a lawsuit against them this month.
"This case halts a massive scam that bilked consumers out of millions for useless work-at-home kits and business coaching services," said Jessica Rich, director of the FTC's Bureau of Consumer Protection. "The defendants duped consumers into thinking they could earn thousands working from home."
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The commission said the companies lured customers by offering a "proven and guaranteed home job to make $379 a day from home." But consumers earned little or no money and ended up heavily in debt, the FTC said.
Read more: http://www.chicagotribune.com/business/sns-rt-us-ftc-lawsuit-internetcoaches-20140224,0,419753.story
Squinch
(50,949 posts)Nye Bevan
(25,406 posts)Really, really really!
DJ13
(23,671 posts)bvar22
(39,909 posts)but you have to know the right people.
Samantha
(9,314 posts)Is that a scam as well? I have wondered about that particularly since it has Google's name attached.
Sam
loudsue
(14,087 posts)companies, I'd start believing there was a God.
bvar22
(39,909 posts)This scam is peanuts to what THOSE guys are getting away with,
but at least they caught somebody.
loudsue
(14,087 posts)corruption is so far out of control, I don't know if they'll ever be able to sort it all out.
Bernardo de La Paz
(48,994 posts)TxDemChem
(1,918 posts)Got one today actually. Drives me nuts!
loudsue
(14,087 posts)it's 3 or 4 times a day! Plus, I get mail three times a week. I gave my time share to a family member who wanted it, even though I warned them what a mess it was. He's trying to get out of it now, and I feel awful. The "management companies" are so far removed from the time share properties....they are an extortion racket. They jack up the "assessments" and "dues" every year, and then leave the properties in poor order.
The lawmakers in washington are too busy trying to screw kids out of their breakfast money to worry about some good capitalist corporation screwing everyone.
TxDemChem
(1,918 posts)can get rid of it without issues. We've never even had a time share. I heard some people are selling them on eBay for 1 cent.
Egalitarian Thug
(12,448 posts)Thor_MN
(11,843 posts)I WISH it was the final time. I don't need calls from credit card scams.
frylock
(34,825 posts)usually some hand written sign that's barely legible proclaiming that you can make thousands of dollars a day working out of the home. I always wonder who is responding to these, because if I were making thousands a day of dollars working out of the home, I could surely afford to pay to have some signage done up professionally.
TxDemChem
(1,918 posts)Bragging that he'd be making 6 figures. Said cousin has no skills other than driving a forklift. I hope he didn't pay any money for that "job."
JimDandy
(7,318 posts)around for decades, even with all the complaints. Pathetic! And the pyramid scheme businesses there...ugh, don't get me started.
gtar100
(4,192 posts)Too many Americans love America but not the people... just the ability to use them.
JimDandy
(7,318 posts)It took the Feds to step in and do it. No surprise Utah is the scam capital of the U.S.
Egalitarian Thug
(12,448 posts)proof that Utah is the scam capital of the U.S.
Stainless
(718 posts)Notice that this illegal activity was aided and abetted by the lax business rules and hands-off attitude that are enacted and encouraged by the Republican/Mormon dominated legislature of the great state of Utah. As if that isn't bad enough, you should see what the self-serving SOB's are up to in the current legislative session regarding the relocation of the State Prison. Many state legislators stand to make fistfuls of dollars from this scandalous rip-off while forcing the taxpayers to pay for all of it.