The FTC claims the Supreme Court docket’s AMG determination has value client a staggering $1.5 billion. The losses have been realized by means of varied fraudulent schemes, with the AMG determination leaving the FTC unable to successfully maintain scammers accountable. When you’re unaware of the Supreme Court docket’s AMG determination or want a refresh, in […]
SC’s AMG decision has cost consumers over $1.5 billion Read More »
Default judgment has been entered towards Redwood Scientific Applied sciences and a bunch of company defendants. Remaining judgment has additionally been entered towards proprietor Jason Cardiff and spouse Eunjung Cardiff. Again in 2018, the FTC accused Redwood Scientific Applied sciences and associated company defendants of FTC Act, the Restore On-line Consumers’ Confidence Act, the Digital
Redwood Scientific & Jason Cardiff final judgments entered Read More »
Due to the Supreme Courtroom’s AMG resolution, scammers are getting off Scot-free. The newest set again for the FTC is a choice of their Redwood case towards defendants Jason and Eunjung Cardiff. Final October the FTC secured abstract judgment towards defendants Jason Cardiff and Eunjung Cardiff. Judgment was granted over the Cardiff’s violations of the
Cardiffs to face no monetary penalty for FTC Act fraud Read More »
As a part of the fallout of the AMG determination wreaking havoc on FTC regulatory circumstances, the VPL Receivership is schedule to be discharged. The VPL Receivership was established as a part of the FTC’s ongoing Redwood Scientific Applied sciences fraud case. As per a Might twenty fourth order, the Receiver’s request in search of
VPL Receivership to disband, Cardiffs & FTC share costs Read More »
As per our final replace, Jason Cardiff had been given till Might to safe VPL Medical masks contracts. Failing which the Redwood Receiver had been directed to stop funding the corporate’s operation. Since then we’ve additionally had the AMG Supreme Courtroom choice, additional complicating proceedings. As per a filed April twenty eighth Joint Report, the
AMG decision puts Redwood injunction on the line Read More »
Though it’s been on my radar, BehindMLM hasn’t coated the AMG v. FTC lawsuit because it isn’t itself an MLM associated case. That mentioned, on April twenty second the Supreme Court docket handed scammers a victory. That victory has ramifications for MLM fraud associated lawsuits. Earlier than we get into the heavy lifting, I need
Scammers celebrate AMG Supreme Court win Read More »
VPL Medical has been given until Could to get worthwhile. As per an April 2nd order, the Receiver (will) not be approved to fund VPL operations out of funds designated for client redress after this month. The order follows the FTC’s revelation that VPL is blowing by means of $200,000+ in Receivership funds a month.
VPL Medical given till May to get profitable Read More »
A few month in the past this was the standing of VPL Medical’s masks gross sales: As of February 24, 2021, no new gross sales contracts have been executed. As per a joint standing report filed on March twenty sixth, right here’s the most recent: As of March 24, 2021, no gross sales contracts have
Still no VPL mask sales, FTC questions contract discussions Read More »
With the way forward for VPL Medical hanging within the steadiness, on January twenty fifth CEO Jason Cardiff advised the Court docket that VPL “is presently speaking to HHS and different federal and state companies and believes that it is rather near touchdown some main contracts….” As revealed in a joint working report filed one
VPL draining the Redwood Receivership Read More »
In an ex-parte movement requesting instruction from the court docket, the Redwood Receiver has accused Jason Cardiff of inappropriate conduct. The inappropriate conduct pertains to the Receiver believing that Cardiff and VPL Medical are ‘looking for to make use of their payment software positions to incentivize the Receiver to behave improperly for his or her
Receiver accuses Jason Cardiff of inappropriate conduct Read More »
