Fraud alleged: the Federal Trade Commission's Bureau of Consumer Protection filed a series of civil and criminal charges against five Van Nuys companies accused of bilking consumers out of about $300 million by selling fraudulent programs related to real estate or online businesses.
FRAUD ALLEGED: The Federal Trade Commission' s Bureau of
Consumer Protection filed a series of civil and criminal charges against
five Van Nuys companies accused of bilking consumers out of about $300
million by selling fraudulent programs related to real estate or online
businesses. The cases are part of a federal crackdown dubbed Operation
Short Change. The companies--John Beck Amazing Profits, John Alexander,
Jeff Paul, Mentoring of America and Family Products--and five people who
had founded or run those companies were accused of violating federal
laws related to telemarketing and consumer fraud.
COPYRIGHT 2009 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.
|
Reader Opinion