The operators of a telemarketing scheme that pitched phony business and grant opportunities have agreed to be banned from those lines of business under a settlement with the Federal Trade Commission, which alleged that they targeted seniors, veterans, and debt-laden consumers with the scam. According to an FTC complaint filed in October 2016, the defendants […]
Tag Archives: Franchises, Business Opportunities, and Investments Bureau of Consumer Protection Consumer Protection Telemarketing
FTC Action Halts Telemarketing Scheme That Pitched Money-Making Opportunities and Grants
The Federal Trade Commission has charged three individuals and five companies they control with bilking money from seniors, veterans, and debt-laden consumers by selling them a worthless money-making opportunity purportedly linked to Amazon.com, and luring them with a phony grants program. At the FTC’s request, a federal court has temporarily halted the operation. The agency […]