FTC Charges Training Program Marketers

Share this article:
Two companies made false claims in telemarketing and direct mail solicitations promoting a real estate investment-training program, the Federal Trade Commission said yesterday.


Beringer Corp., Seattle, and Atlas Marketing Inc., Salt Lake City, charged consumers $5,000 to $8,000 for a program that promised to teach them how to make money quickly buying and selling privately held mortgage notes, the FTC said. The companies said consumers could make $10,000 a month in their spare time.


Virtually no consumers made money by following the program, the FTC said. The agency is seeking a court order forcing the companies to change their practices as well as monetary relief for consumers.


Share this article:

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

News Byte: Comcast Expanding Global Ad Delivery Through Partnership

News Byte: Comcast Expanding Global Ad Delivery Through ...

Through a partnership with Adstream , Comcast's AdDelivery Service expands its footprint across the globe.

40 Under 40 2014: Nominations Are Now Open!

40 Under 40 2014: Nominations Are Now Open!

It's time to nominate the 2014 crop of young marketing luminaries for Direct Marketing News's 40 Under 40 Awards. The deadline is Friday, June 6, 2014.

News Byte: MediaCrossing Partners with ASL Marketing on Youth Marketing Tool

News Byte: MediaCrossing Partners with ASL Marketing on ...

The digital media trading firm and marketing database company aim to help marketers target 13 to 34 year olds.