25 July 2009
7/14/2009 FTC press release: Scammers who duped consumers into paying a total of more than $30 million for bogus business opportunities have settled Federal Trade Commission charges that their deceptive claims violated federal law. The settlements prohibit future violations by the defendants, who promised consumers that they would receive access to overstocked merchandise, expert training in the surplus goods industry, and substantial income. The FTC sued the defendants in February 2005 as part of “Project Biz Opp Flop,” a crackdown on deceptive business opportunity and work-at-home schemes
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Defendants Settle with FTC in Surplus Goods Business Opportunity Scam