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If Your Running Farticles/Flogs You May Want to Read This (FTC Stuffz) (15)

01-26-2012 02:59 AM #1 polarbacon (Moderator)
If Your Running Farticles/Flogs You May Want to Read This (FTC Stuffz)

http://ftc.gov/opa/2012/01/fakenews.shtm

Assess the risk...and advertise accordingly

you could be next

01-26-2012 03:22 AM #2 vidivo (Member)

"Dunlevy’s $143,000 judgment will be suspended when he pays an estimated $2,000 from frozen assets and the sale of a boat. " soooo all hes gotta pay is 2k? and im sure he made more than 143k doing rebills?

confused

01-26-2012 03:38 AM #3 jeffreynilges (Member)

Look at the last one "DLXM, LLC and Michael Volozin The $594,000 judgment will be suspended because of the defendants’ inability to pay. "

01-26-2012 03:40 AM #4 vidivo (Member)

So moral of the story is to run farticles and then tell them you can't pay? i dont get this ftc stuff, all seems a bit shady on both ends.

01-26-2012 03:51 AM #5 btbe (Member)

Their judgments are low because they blew all their money and don't have any assets to show for it.

01-26-2012 04:21 AM #6 polarbacon (Moderator)

This doesn't just have to do with the judgments....do you have the money to pay for a legal team to fight this and/or associated court costs? Do you want to? Some of these guys could be flat broke just due to that....

point of all this is...realize the risk...advertise accordingly..

..In no way am I telling you what to do....or how to do it....I just wanted to show that they are going after affiliates....

01-26-2012 04:29 AM #7 Kapies (Member)

Tanner Garrett Vaughn <-- that dude is the one on ewa?

01-26-2012 04:45 AM #8 boink (Member)

Quote Originally Posted by Kapies View Post
Tanner Garrett Vaughn <-- that dude is the one on ewa?
Yeah Kapies, thats him.

01-26-2012 06:48 AM #9 sm1810 (Member)

side note this is pretty funny stuff...

http://www.ftc.gov/multimedia/video/...al-offers.shtm

01-26-2012 09:49 AM #10 deondup (Member)

Quote Originally Posted by boink View Post
Yeah Kapies, thats him.
Maybe that's why he started a "training site"

01-28-2012 09:18 AM #11 navuud (Member)

This strictly for US run farticles, or internationally as well?

01-28-2012 01:00 PM #12 rollerkoaster (Member)

Quote Originally Posted by btbe View Post
Their judgments are low because they blew all their money and don't have any assets to show for it.
The FTC bases their judgment on your gross revenue not on your net that you are accused of defrauding of others. So if you grossed a $500,000 but you only made a profit of $200,000, the FTC is going to want $500,000. After paying legal fees, most people with large judgments aren't going to have the available cash to pay back the judgment to the FTC and will end up selling property and possibly going bankrupt.

01-28-2012 02:15 PM #13 paycoguy (Member)

It doesn't say whether they were running in the US or International.

01-28-2012 02:35 PM #14 MJDUB (Senior Member)

Yeah I'm curious too, that info is kind of crucial for gauging how serious this is. If these guys could have been running in the US then this is nothing that new; and I hope that's the case..

01-28-2012 02:36 PM #15 The Angry Russian (Moderator)

I'll be honest I'm a bit shocked at the low settlements myself.

At the end of the day business is about risk management. Compliance is like a seatbelt, you can still crash but your chances of walking away from the accident are greatly improved.

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