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Affiliate fined 390,000 by FTC for running deceptive ads

Discussion in 'BlackHat Lounge' started by imserious, Oct 19, 2012.

  1. imserious

    imserious Senior Member

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    So, the affiliates are also getting fined now for running ads

    The Federal Trade Commission charged an Ohio-based company and its owner with fraudulently claiming on 17 websites
    they operated that consumers could quickly get out of debt by working with one of several debt settlement companies.
    The company owner, Ryan Golembiewski, has agreed to a settlement barring the deceptive claims,
    and to a judgment requiring him to pay more than $390,000

    Code:
    http://www.ftc.gov/opa/2012/10/legitdebt.shtm
    How about dating ads some of guys here run...lol
     
  2. LakeForest

    LakeForest Supreme Member

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    It's happened before lots of times and with greater finers, nothing really terrible or threatening.

    FTC goes after the guys who are making HUGE $ and providing next to nothing or absolutely nothing.

    There was a huge bust involving a guy that made a fortune on selling trial products and never sending anything as well as rebilling at outrageous rates as soon as the trial was over if people didn't cancel beforehand. He was fined a lot, it might have been more than this...I keep thinking $75,000 - $750,000. I'm too sleepy to find stats. Also diet supplements and acai or whatever its called IMers got huge fines. Silly people.

    The FTC fines on IMers, and there have been a bunch, are usually aimed at people making $Houses/year or not paying taxes or simply stealing. No worries :)
     
  3. axus_auto

    axus_auto Power Member

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    That's pure BS. More like $100m-$300m
     
    Last edited: Oct 19, 2012
  4. LakeForest

    LakeForest Supreme Member

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    Wait, what's BS? Are the fines way larger?

    If you're a member on wickedfire, there was a thread there a few months ago about a bunch of FTC shenanigans.

    But really?...$100m as in $100M as in $100,000,000, or $100monthly?
     
  5. axus_auto

    axus_auto Power Member

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    Yep. The guy is Jesse Willms. http://www.ftc.gov/opa/2012/02/willms.shtm
     
  6. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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  7. 97695695089

    97695695089 BANNED BANNED

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    FTC is cracking down heavily which is why one needs to be careful about what you project on your ad or site.
     
  8. axus_auto

    axus_auto Power Member

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    Yes it is. The FTC fined him for all of that. That is the settlement.
     
  9. mrtwister_65

    mrtwister_65 Regular Member

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    Same fraud goes on in UK. Some people put websites advertising credit cards for those with poor credit history, collect their info online and/or on the phone and sell it to debt advice companies.
     
  10. imserious

    imserious Senior Member

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    The guy you are referring to was the owner/advertiser who was running the offers and he was fine 360 odd millions

    This is an affiliate being fined for running deceptive ads and not the advertiser