The FTC shut down Growth Cave and banned its owners for life. But will victims get refunds? Here's the honest answer — and how to avoid the second scam that targets victims.
Quick Answer: This business opportunity was not legitimate – the Justice Department charged seven individuals for operating a fraudulent vending machine scheme that defrauded over 1,000 victims nationwide. The defendants allegedly made false claims about profits and vending machine locations, with each facing up to 20 years in prison for mail and wire fraud.Scheme Victimized …
Quick Answer: Business opportunity fraud involves selling fake business ventures to victims who believe they’re investing in legitimate opportunities. John White was extradited from Costa Rica and charged with 19 fraud counts for selling fraudulent beverage and greeting card businesses, part of a scheme where 9 defendants received 3-16 year prison sentences.A U.S. citizen charged …
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