Operators of Get-Rich-With-Amazon Scheme Settle with the FTC, Will Return Money to Consumers
The defendants falsely claimed that their system would enable consumers to create a profitable online business selling products on Amazon
The operators of a scheme that sold "secrets for making money on Amazon" are banned from marketing and selling business opportunities and business coaching services under a settlement with the Federal Trade Commission (FTC), and they will surrender millions of dollars that will be returned to impacted consumers.
Most Consumers Lost Significant Amounts of Money
According to the FTC, the defendants, who have no affiliation with Amazon.com, falsely claimed that their "Amazing Wealth System" would enable consumers to create a profitable online business selling products on Amazon.
Buyers, however, did not earn the advertised income. Most of them lost significant amounts of money, and many often experienced problems with their Amazon stores, including suspension and the loss of their ability to sell on Amazon.com.
Details of the SEttlement Order
In addition to being banned from marketing and selling business opportunities and business coaching services, the settlement order also bans the defendants from making false earnings claims. It imposes a judgment of more than $102 million, which will be partially suspended when they have surrendered approximately $10.8 million in assets to the FTC.
The order also prohibits the defendants from profiting from consumers' personal information collected as part of the scheme, and failing to dispose of it properly.
The defendants in this case are: Adam Bowser, Christopher Bowser, Jody Marshall, AWS LLC, FBA Distributors LLC, FBA Stores LLC, Info Pros LLC, Info Solutions LLC, Online Auction Learning Center Inc. (Massachusetts), and Online Auction Learning Center Inc. (Nevada).