The FTC Charges Several Related Companies With Running a Deceptive Business Coaching Scheme

May 16, 2018

The Federal Trade Commission has filed a complaint in federal court charging  Vision Solution Marketing, LLC, and several related companies with using a deceptive business coaching scheme to bilk millions of dollars out of unwary consumers. The FTC’s complaint charges the defendants with engaging in various deceptive business practices, including overstating how much money consumers could potentially earn, and multiple violations of the Telemarketing Sales Rule

According to the FTC’s complaint , the defendants purchased “leads” from several third parties that included contact information for consumers who had bought work-at-home programs on the internet. The defendants’ telemarketers then called these consumers and tried to convince them to pay exorbitant fees (as much $15,800) for advice on how they could earn substantial money by starting a home-based business. But the scam didn’t stop there. If a consumer paid the initial fee, the defendants tried to persuade them to pay thousands of dollars more for additional “advanced” services from “experts” and “specialists”.

In fact, the so-called advice and coaching provided by the defendants consisted of basic information that’s available for free online. The unfortunate people who paid for these bogus services were not able to start a viable business and earned little or no money.

If you’ve been victimized by this or a similar type of deceptive scheme involving business coaching or a home-based business opportunity, please contact me. The allegations described in the FTC’s complaint are almost certainly violations of our consumer protection law and would be grounds for a private lawsuit seeking multiple damages, costs and legal fees.

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