Wed 29 Oct 2008
Invention Promoter Charged with Deceptive Marketing Settles with FTC, Goes Out of Business
Posted by Administrator under Scams
An invention promotion marketer has agreed to settle Federal Trade Commission charges that he violated federal law by duping consumers with false promises.
The proposed settlement bans him from marketing invention promotion services and requires him to dismiss his appeal of a contempt judgment and stipulate that his $59 million liability from the contempt action cannot be voided through bankruptcy.
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