A U.S. court agreed with the FTC that infomercials for “John...
A U.S. court agreed with the FTC that infomercials for “John Alexander’s Real Estate Riches in 14 days” plan falsely claimed that viewers could complete a real estate deal including getting their money back in two weeks. “The infomercial fails…
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to adequately disclose that ‘John’s Club’ is actually a continuity plan which, upon expiration of the free trial period, charges consumers $39.95 per month unless consumers take the affirmative step of canceling their memberships,” Judge Jacqueline Nguyen of U.S. District Court in Los Angeles wrote in an April 20 decision (http://xrl.us/bm5wkh) that the FTC publicized Tuesday. The decision granted the agency’s request for summary judgment against John Beck Amazing Profits LLC, but because a “small number of purchasers of the kits” have benefited from the program, Nguyen ordered the agency to “address why Defendants’ arguments are not meritorious.” The “get-rich-quick systems ... deceived nearly a million consumers” and the commission seeks more than $450 million in damages, the agency said in a news release (http://xrl.us/bm5wko). A lawyer for John Beck Amazing profits had no comment.