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Old 08-27-2013, 07:28 PM   #1
L-Pink
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?One of the largest most intricate online marketing frauds ever perpetrated in the United States"

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


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Old 08-27-2013, 07:39 PM   #2
xNetworx
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Surprised it took this long to get him based on the amount. 275 million. Fuck.
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Old 08-27-2013, 08:02 PM   #3
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Remove the words "online marketing" and your thread title would be an accurate description of the federal reserve.
This knucklehead is a Small time scam artist compared to the bankers.

http://www.vice.com/en_uk/read/larry...-end-game-memo

http://www.rollingstone.com/politics...-jail-20130214
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Old 08-27-2013, 08:08 PM   #4
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he will pay 50m-100m fine and that will be that
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Old 08-27-2013, 08:15 PM   #5
SwirlsGirl
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275 million for billing fraud...
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Old 08-27-2013, 08:19 PM   #6
L-Pink
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Quote:
Originally Posted by CamBoss View Post
Surprised it took this long to get him based on the amount. 275 million. Fuck.
That's a lot of transactions.
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Old 08-27-2013, 09:25 PM   #7
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Google Money Tree FTW
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