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Federal Trade Commission v John Beck Amazing Profits, LLC et al
Case Number:
2:09-cv-04719
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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June 28, 2017
Missing Alleged Fraudster's Wife On Hook For $1.75M
The wife of an alleged get-rich-quick scammer whose company was hit with a record $478.9 million fine by the Federal Trade Commission will relinquish more than $1.75 million in assets to the receiver in her missing husband's bankruptcy proceedings after a California federal judge on Tuesday allowed the deal to proceed because the husband is presumed dead.
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September 25, 2012
Get-Rich-Quick Salesman Files For Ch. 11 After $479M Fine
The owner of a so-called get-rich-quick system filed for bankruptcy in California federal court Monday, one month after he was fined a record $478.9 million for deceiving nearly a million consumers through phony real estate programs.
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August 23, 2012
Get-Rich-Quick Scam Operators Hit With $479M Fine
A California federal court on Tuesday ordered the owners and marketers of three so-called get-rich-quick systems to pay a record $478.9 million for deceiving nearly 1 million consumers with phony claims that customers could easily make money using their coaching programs.
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August 22, 2012
Get-Rich-Quick Marketers Hit With $1.5M Contempt Penalty
A California judge on Tuesday ordered $1.5 million in sanctions against a group of alleged infomercial scammers for violating a deceptive telemarketing injunction in a U.S. Federal Trade Commission suit linking them to a massive scheme it says has duped more than a million consumers out of over $450 million.