Feds Close regime greeting card
Richardson promised that potential buyers for an investment of $ 8500 or more, they receive everything they need a business: an initial inventory of greeting cards, display racks for cards and profitable sites, where he allegedly cards and racks for the purchaser.
According to the FTC, consumers never earned anything close to the income they were promised. The Commission argues that in almost all cases, consumers at least $ 100 per month. The highest profitability returned to the buyer $ 2006 for the whole year through investments in 20 sites. In addition, Richardson often do not offer our customers the number of sites promise to integrate their message.
Normally, the sites offer, it is not in high traffic areas, and has made some sales of greeting card for consumers. In addition, the FTC accused Richardson, who are not of one of the elements required by the rule of the franchise.
Under the settlement, Richardson was to pay $ 901402.89 - the total amount paid for the consumer, net of reimbursements received. The judgement was suspended based on sworn financial data. However, if it is found the defendant in these consolidated lied, then the full amount due.
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