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In June the Federal Trade Commission mailed out 3,633 checks totaling more than $969,000 to people who lost money to a deceptive telemarketing scheme that promoted business coaching services to people who wanted to start internet businesses.
In January 2018, the Internet Teaching and Training Specialists, LLC (ITT) defendants were banned from selling business coaching services and business opportunities under a settlement with the FTC. ITT sold a business coaching program provided by Guidance Interactive, a company that also settled with the FTC. According to the FTC’s complaint, despite these defendants’ promises, most of their customers did not develop a successful online business, and instead ended up in debt. Do you know someone like this? I have more stories to tell, stay tuned!
To learn more about the FTC’s refund program, visit: www.ftc.gov/refunds!