‘FTC Gets $480M From Marketers, Bans Them for Life’ – ShoeMoney Blog
Jeremy Schoemaker’s latest blog post is titled “FTC Gets $480M From Marketers, Bans Them for Life”.
Schoemaker says, “In May, I reported on the Federal Trade Commission (FTC) victory against DRTV veterans Gary Hewitt and Doug Gravink and their company, Family Products LLC, in FTC v. John Beck Amazing Profits et al. Hewitt and Gravink sold real estate and Internet “wealth creation” products through national infomercials and telemarketing. The court said defendants violated the FTC Act and Telemarketing Sales Rule by making false earnings claims and failing adequately to disclose negative option terms for their continuity programs. It withheld final judgment, however, until it could hear further from the parties on the remedy the FTC was seeking: more than $450 million in consumer redress and lifetime bans on Hewitt and Gravink”.
FTC Gets $480M From Marketers, Bans Them for Life
ShoeMoney Blog
Comments are closed.