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FTC order halts bogus real estate seminars
The Federal Trade Commission has announced that a federal temporary restraining order has been issued against Utah-based Zurixx, LLC and affiliated companies, which the Commission and the Utah Division of Consumer Protection allege have used deceptive promises of big profits to lure consumers into real estate seminars costing thousands of dollars. The order prohibits Zurixx from making unsupported marketing claims and from interfering with consumers’ ability to review Zurixx and its products. The court has appointed a temporary monitor over Zurixx and instructed the companies to preserve their assets.