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$9.1M sent to defrauded Amazing Wealth System customers
The Federal Trade Commission is sending more than $9.1 million in check and PayPal payments to customers who paid for an “Amazing Wealth System” workshop.
A lawsuit filed by the Commission alleged the defendants, FBA Stores and related companies and individuals, falsely claimed their “Amazing Wealth System” would enable people to create a profitable online business selling products on Amazon. However, the defendants had no affiliation with Amazon.com, buyers did not earn the advertised income, most consumers lost significant amounts of money, and many of the customers experienced problems with their Amazon stores, including losing their ability to sell on Amazon.com.
The FTC is sending payments to 13,348 customers with an average refund amount of $684.24.
- FTC press release