The FTC claims the Supreme Court’s AMG decision has cost consumer a staggering $1.5 billion. The losses were realized through various fraudulent schemes, with the AMG decision leaving the FTC unable to effectively hold scammers accountable. If you’re unaware of the Supreme Court’s AMG decision or need a refresh, in a nutshell the FTC went […]
SC’s AMG decision has cost consumers over $1.5 billion Read More »
Default judgment has been entered against Redwood Scientific Technologies and a bunch of corporate defendants. Final judgment has also been entered against owner Jason Cardiff and wife Eunjung Cardiff. Back in 2018, the FTC accused Redwood Scientific Technologies and related corporate defendants of FTC Act, the Restore Online Shoppers’ Confidence Act, the Electronic Fund Transfer
Redwood Scientific & Jason Cardiff final judgments entered Read More »
Thanks to the Supreme Court’s AMG decision, scammers are getting off Scot-free. The latest set back for the FTC is a decision in their Redwood case against defendants Jason and Eunjung Cardiff. Last October the FTC secured summary judgment against 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 part of the fallout of the AMG decision wreaking havoc on FTC regulatory cases, the VPL Receivership is schedule to be discharged. The VPL Receivership was established as part of the FTC’s ongoing Redwood Scientific Technologies fraud case. As per a May 24th order, the Receiver’s request seeking an ‘order approving its administration of
VPL Receivership to disband, Cardiffs & FTC share costs Read More »
As per our last update, Jason Cardiff had been given until May to secure VPL Medical mask contracts. Failing which the Redwood Receiver had been directed to cease funding the company’s operation. Since then we’ve also had the AMG Supreme Court decision, further complicating proceedings. As per a filed April 28th Joint Report, the Receiver
AMG decision puts Redwood injunction on the line Read More »
Although it’s been on my radar, BehindMLM hasn’t covered the AMG v. FTC lawsuit as it isn’t itself an MLM related case. That said, on April 22nd the Supreme Court handed scammers a victory. That victory has ramifications for MLM fraud related lawsuits. Before we get into the heavy lifting, I want to preface by
Scammers celebrate AMG Supreme Court win Read More »
VPL Medical has been given till May to get profitable. As per an April 2nd order, the Receiver (will) no longer be authorized to fund VPL operations out of funds designated for consumer redress after this month. The order follows the FTC’s revelation that VPL is blowing through $200,000+ in Receivership funds a month. In
VPL Medical given till May to get profitable Read More »
About a month ago this was the status of VPL Medical’s mask sales: As of February 24, 2021, no new sales contracts have been executed. As per a joint status report filed on March 26th, here’s the latest: As of March 24, 2021, no sales contracts have been executed. Oh my. Whilst VPL might not
Still no VPL mask sales, FTC questions contract discussions Read More »
With the future of VPL Medical hanging in the balance, on January 25th CEO Jason Cardiff told the Court that VPL “is currently talking to HHS and other federal and state agencies and believes that it is very close to landing some major contracts….” As revealed in a joint operating report filed one month later
VPL draining the Redwood Receivership Read More »
In an ex-parte motion requesting instruction from the court, the Redwood Receiver has accused Jason Cardiff of inappropriate conduct. The inappropriate conduct pertains to the Receiver believing that Cardiff and VPL Medical are ‘seeking to use their fee application positions to incentivize the Receiver to act improperly for their benefit.’ “Fee application positions” pertains to
Receiver accuses Jason Cardiff of inappropriate conduct Read More »
