A Utah businessman known locally for his good deeds is being accused of masterminding a massive Internet fraud.
"The Times reports that the now-defunct company, I Works, promised to help members apply for government grants. The company allegedly lured in customers with the promise of easy money and risk-free guarantees, and it then would continue to charge the credit cards of ?unwitting consumers? for pricey monthly subscription fees."
"Through this scheme, charges the FTC, Johnson amassed a fortune of $275 million. While the system of ongoing fees is not necessarily illegal, the government has charged that Johnson?s company failed to disclose the monthly fees or give customers a window of time to opt out of the subscription services."
http://news.yahoo.com/blogs/lookout/...142233712.html
.