FTC Returns Money to MLM Distributors Deceived by Earning Estimates

FTC Returns Money to MLM Distributors Deceived by Earning Estimates

The Federal Trade Commission is returning more than $149 million to AdvoCare distributors who lost money as a result of the AdvoCare pyramid scheme. The FTC sued AdvoCare in 2019, alleging that the multi-level marketing company operated an illegal pyramid scheme that deceived consumers into believing they could earn significant income as “distributors” of its … Read more

Real Estate Investment Coaching Operation Promoted by TV House Flipping Celebrities Throws in Towel

Real Estate Investment Coaching Operation Promoted by TV House Flipping Celebrities Throws in Towel

The operators of a massive real estate investment coaching scheme face permanent bans and will pay approximately $12 million for consumer redress as part of a settlement in a lawsuit filed by the Federal Trade Commission and the Utah Department of Commerce Division of Consumer Protection (UDCP). The FTC and UDCP alleged that Zurixx, LLC, … Read more

Extended Vehicle Warranty Company Nailed by FTC for Deception

The Federal Trade Commission is taking action in federal court against a Florida-based group of defendants it alleges have calledExplore Data with the FTC – Do Not Call hundreds of thousands of consumers nationwide to pitch them expensive “extended automobile warranties” using deceptive telemarketing tactics. According to a complaint filed in federal district court, American … Read more

Why Are Churches Taking Out Merchant Cash Advances? FTC Bans RAM Capital Funding.

Why Are Churches Taking Out Merchant Cash Advances? FTC Bans RAM Capital Funding.

Two of the defendants behind an alleged small business financing scheme, RAM Capital Funding, LLC and its owner Tzvi Reich, will be permanently banned from the merchant cash advance and debt collection industries, and required to pay $675,000 to settle Federal Trade Commission charges that they used deceptive and illegal means to seize assets from … Read more

Beware of This Banks Cashier Checks

American National Bank and Trust Company has reported that counterfeit cashier’s checks using the bank’s routing number of 051401027 are being presented for payment nationwide in connection with various internet scams involving mystery shopping and job opportunities. There are at least three known variations of counterfeit items in circulation; coloration is unknown. Variation #1 – … Read more

FNB Loan Text Message is Scam – Watch Out

The Office of the Comptroller of the Currency (OCC) has been informed that an entity using the name “FNB” is misrepresenting itself as a national bank. While the entity may represent that they are affiliated with a legitimate financial institution, they are not. The fictitious entity has been robocalling and robotexting consumers to obtain information … Read more

Beware of Amarico Trust Bank Scam

The Office of the Comptroller of the Currency (OCC) has been informed that an entity using the name “Amarico Trust Bank” and branding itself as “AmTrust Bank,” an inactive institution, is misrepresenting itself as a national bank. The fictitious entity has been using a foreign-hosted website designed to obtain information to likely perpetrate identity theft. … Read more

Gift Cards Increase as Scam

A new Federal Trade Commission data spotlight shows that in the first nine months of 2021, consumers reported losing $148 million in scams where gift cards were used as the form of payment. That amount is more than was reported in all of 2020. Nearly 40,000 consumers reported using gift cards to pay a scammer … Read more

Is Lawyers Solutions Group Trustworthy to Recover Bitcoin?

Question: Dear Steve, Senior consultant Mr. Daniel Jackson from Lawyer Solutions Group contacted me regarding the recovery of 82,134 USD. Is Lawyer Solutions Group a trustworthy company, and is it capable of assisting me in recovering my lost investments? Answer: Thank you for your question. I see that you might be located in the Netherlands … Read more

What Happened in USA Case Against Rayan Vanderhoof?

Question: Dear Steve, Steve Vanderhoof’s widow Rayan Vanderhoof and her CURRENT STATUS with the Department of Justice and her company Olympus Medical Group Corporation for Medicare Fraud? Was Ms. Vanderhoof ever convicted? Answer: Many of the court records in the case of the United States of America v. Rayan Vanderhoof are sealed and not publicly … Read more