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REAL ESTATE GUIDEBOOK BUSINESS TO MAKE REFUNDS TO SALES RECRUITS

 REAL ESTATE GUIDEBOOK BUSINESS TO MAKE REFUNDS TO SALES RECRUITS
 HARRISBURG, Pa., Nov. 10 /PRNewswire/ -- A Delaware County business that recruited "associates" to sell its real estate guidebooks will refund $499 to about two dozen individuals to settle allegations that it used deceptive recruiting methods.
 Attorney General Ernie Preate Jr. said the settlement was negotiated by his Bureau of Consumer Protection with D.S. Balalis, president of Advest Advertising Inc., 2200-04 Darby Road, Havertown, Pa., and was filed today in Commonwealth Court.
 Preate said consumers who wanted to work as sales associates for Advest were required to pay the company a $499 deposit to get materials, including sample real estate guides and forms.
 The agreement alleges that Advest misled prospective sales personnel, in part by:
 -- Making misleading projections on potential earnings.
 -- Providing misleading information about potential franchise offerings.
 -- Falsely claiming to provide "exclusive" sales territories.
 -- Providing conflicting information regarding the return of deposits.
 Although not admitting wrongdoing, Balalis agreed to refund the $499 deposit to affected consumers who filed complaints with the Bureau of Consumer Protection and to pay the state $3,000 in costs of investigation.
 The agreement, an "assurance of voluntary compliance," was negotiated by Deputy Attorney General Sherri G. Patchen of the the bureau's Philadelphia office.
 /delval/
 -0- 11/10/92
 /CONTACT: Jack J. Lewis, assistant press secretary of the Office of Attorney General, 717-787-5211, or at home, 717-657-9840/ CO: Pennsylvania Attorney General's Office ST: Pennsylvania IN: SU:


MJ -- PH005 -- 9160 11/10/92 10:05 EST
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Publication:PR Newswire
Date:Nov 10, 1992
Words:250
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