Â鶹´«Ã½ Register Notice
Staff Report: Disclosure Requirements and Prohibitions Concerning Business Opportunities
Date
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Â鶹´«Ã½ Trade Commission Act
Mission
Competition
Consumer Protection
Law
15 U.S.C. §§ 41-58, as amended
The Â鶹´«Ã½ Trade Commission Act is the primary statute of the Commission. Under this Act, as amended, the Commission is empowered, among other things, to (a) prevent unfair methods of competition and...
File
Safe Web Act
(194.69 KB)
FTC Takes Action Against Qargo Coffee for Franchise Rule Violations
Date
The Â鶹´«Ã½ Trade Commission has taken action against coffee shop franchise Qargo Coffee and its founders for failing to disclose critical information required by the Franchise Rule, including one...
FTC Extends Comment Period on RFI Related to Franchise Agreements and Business Practices to Oct. 24
Date
The Â鶹´«Ã½ Trade Commission has extended by two weeks the deadline for members of the public to comment in response to the agency’s Request for Information (RFI) on franchise agreements and...
FTC Announces Crackdown on Deceptive AI Claims and Schemes
Date
The Â鶹´«Ã½ Trade Commission is taking action against multiple companies that have relied on artificial intelligence as a way to supercharge deceptive or unfair conduct that harms consumers, as part...
FTC Action Leads to Settlement Against Individual and Company that Operated Business Opportunity Scheme That Took Millions from Consumers
Date
As a result of a Â鶹´«Ã½ Trade Commission lawsuit, an individual and his company who helped operate a sprawling business opportunity scheme known as Blueprint to Wealth have agreed to a settlement...
Weblio
At the FTC’s request, a federal court has temporarily halted the operation of a sprawling business opportunity scheme that has taken in millions of dollars from consumers with bogus promises of huge returns. The scheme has operated since at least 2018 under a number of names, including “Blueprint to Wealth,†according to the FTC’s complaint. Three individuals -- Samuel James Smith, Robert William Shafer and Charles Joseph Garis, Jr. -- and a company owned by one of them -- Business Revolution Group -- are charged in the complaint with operating the scheme.
The defendants in the case agreed to settlements with the FTC that include monetary judgements, industry bans, and prohibitions on certain conduct.
Type of Action
Â鶹´«Ã½
Last Updated
Case Status
Pending
FTC Staff Issue Report on Multi-Level Marketing Income Disclosures
Date
The staff of the Â鶹´«Ã½ Trade Commission have issued a report that details findings from a review of income disclosure statements from 70 different multi-level marketers (MLMs). Staff reviewed income...
FTC and Florida Act to Stop ‘Trucking Automation’ Scam RivX That Took Millions of Dollars From Consumers
Date
As a result of a lawsuit filed by the Â鶹´«Ã½ Trade Commission and the State of Florida, a federal court has ordered so-called “trucking automation†company RivX to cease its operations over...
FTC Action Leads to Settlement Against Two Defendants Who Operated Business Opportunity Scheme That Took Millions from Consumers
Date
As a result of a Â鶹´«Ã½ Trade Commission lawsuit, two defendants who helped operate a sprawling business opportunity scheme known by several names, including Blueprint to Wealth, have agreed to...
FBA Machine/Passive Scaling, FTC v.
Type of Action
Â鶹´«Ã½
Last Updated
FTC Matter/File Number
X240032
Case Status
Pending
Zurixx, LLC
The operators of a massive real estate investment coaching scheme face permanent bans and will pay approximately $12 million for consumer redress as part of a settlement in a lawsuit filed by the Â鶹´«Ã½ Trade Commission and the Utah Department of Commerce Division of Consumer Protection (UDCP).
The FTC and UDCP alleged that Zurixx, LLC, its owners Cristopher Cannon, James Carlson, and Jeffrey Spangler, and a number of associated companies operated a real estate investment coaching scheme that sold live seminars and telephone coaching using false earnings claims that convinced tens of thousands of consumers to pay them thousands or tens of thousands of dollars.
The Â鶹´«Ã½ Trade Commission is sending more than $12 million in refunds to consumers who paid Zurixx, LLC for a real estate investment training program that allegedly made empty promises about earning big profits by “flipping†houses.
Type of Action
Â鶹´«Ã½
Last Updated
FTC Matter/File Number
182 3063
X190047
Case Status
Pending
Dissenting Statement of Commissioner Melissa Holyoak regarding the Policy Statement of the Â鶹´«Ã½ Trade Commission on Franchisors’ Use of Contract Provisions
Date
By
Melissa Holyoak, Commissioner
Matter Number
P244402
FTC Takes Action to Ensure Franchisees’ Complaints are Heard and to Protect Against Illegal Fees
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Today, the Â鶹´«Ã½ Trade Commission and its staff took a suite of actions to address growing concern about unfair and deceptive practices by franchisors—to ensure that the franchise business model...
FTC Publishes Inflation-Adjusted Monetary Thresholds for Three Exemptions in Franchise Rule
Date
The Â鶹´«Ã½ Trade Commission has adjusted for inflation three monetary exemption thresholds used to determine whether the sale of a franchise qualifies for an exemption under the agency’s Franchise...
Displaying 1 - 20 of 439