Money Now Funding

Four Defendants Settle with the FTC for Their Alleged Role in Credit Card Laundering Scheme

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The Federal Trade Commission reached settlements with four defendants charged with helping to launder millions of dollars in credit card charges through fraudulent merchant accounts. The settlement orders permanently ban Jay Wigdore, Electronic Payment Solutions of America, and Electronic Payment Services from payment processing and telemarketing. A previously-entered stipulated order against Michael Peterson bans him …

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Easy Money Scammers Nailed by FTC

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Eighteen elusive marketers who cheated American and Canadian consumers out of more than $7 million are banned from selling business or work-at-home opportunities under court orders obtained by the Federal Trade Commission. These orders, along with court orders against 14 other people and companies named in the FTC’s lawsuit, resolve charges that the defendants conned …

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FTC Halts Elusive Business Opportunity

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At the Federal Trade Commission’s request, a federal court has halted an elusive business opportunity scheme that allegedly conned more than $6 million from American and Canadian consumers. The FTC has alleged that the defendants falsely promised consumers that they could make money by referring merchants in their area to the defendants’ non-existent money-lending service. …

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