Victims of 'Real Wealth' Work-at-Home and Grant Scam to Receive Refunds
The Federal Trade Commission (FTC) is mailing 50,365 refund checks totaling more than $685,000 to consumers who were victimized by a bogus work-at-home and grant scam.
As part of a February 2010 law enforcement crackdown, the FTC took action against Real Wealth and other schemes, alleging that they took advantage of the economic downturn to bilk vulnerable consumers by peddling various products that supposedly helped to generate income.
The FTC alleged that Real Wealth, Inc. and its owner, Lance Murkin, preyed on the elderly, the disabled, and other consumers nationwide with a deceptive direct-mail campaign that marketed and sold booklets supposedly explaining how to earn money by working from home or applying for government grants.
The court agreed with the FTC that these claims were false or unsubstantiated, in violation of the FTC Act, and granted the FTC's motion for summary judgment against the defendants.
Each consumer will receive $13.63, or 68 percent of the average amount lost, which was $20. The checks will be mailed by an administrator working for the FTC, and will expire 60 days after they are issued. The FTC never requires consumers to pay money or provide information before refund checks can be cashed.
Consumers with questions about the Real Wealth refund checks should call the refund administrator at 888-519-6918. For general questions about the FTC's redress program, visit www.FTC.gov/refunds.
Consumers should always carefully evaluate claims about work-at-home offers. For more information on this topic, see: Business Opportunity Scams.