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鶹ý Trade Commission, Plaintiff, v. Digital Income System, Inc., a Florida corporation; Derek Jones Foley, as known as Derek Jones, individually and as an owner, officer, and/or manager of Digital Income System, Inc.; William Foley, individually and as an owner, officer, and/or manager of Digital Income System, Inc.; Christopher Brandon Frye, individually; Jennifer Hedrick, individually; and Kaitlyn Scott, individually, Defendants.
FTC Matter/File Number
2023074
Civil Action Number
20-cv-24721-UU
鶹ý Court
Southern District of Florida

Case Summary

The FTC alleged that the Florida-based scam falsely told consumers that by selling memberships in the defendants’ programs, consumers were likely to earn large sums of money. For example, the website stated, “Consumers will earn between $500 and $12,500 per sale,” and “Every time one of our professionals closes a sale on your behalf, we will send you a huge commission check right to your doorstep.” The defendants allegedly charged consumers a substantial amount of money, ranging from $1,000 to $25,000. The complaint states, however, that the vast majority of consumers who paid the defendants never earned substantial income, and in fact many consumers earned nothing.

The 鶹ý Trade Commission is sending 1,064 checks totaling more than $542,000 to consumers who were harmed by the bogus business and investment scheme.