Similar Stories to Ftc: Work-from-home Coaching Services Scam Conned Millions From Consumers on Bing News

(Don Hankins)Making thousands of dollars a month by working from your couch might seem like a dream come true. But don’t quit your day job just yet, because it’s most likely a scam. Fortunately, there’s now one less “work-from-home” scheme seducing consumers thanks to the Federal Trade Commission. A federal court entered a temporary restraining order halting an allegedly deceptive scheme that conned millions of dollars from consumers, the FTC announced Monday. According to the FTC charges, the businesses’ websites told numerous false “rags to riches” stories and made unsubstantiated claims that consumers could earn thousands of dollars a month by purchasing business coaching services and establishing their own internet businesses. The FTC seeks to put a permanent stop to the operations of the company — which did business under several names, including Essent Media, LLC, Net Training, LLC, YES International, Coaching Department, and Apply Knowledge — and for money to be returned to affected consumers. The company allegedly violated the FTC Act by misrepresenting earnings and the nature of services.

 

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