BurnLounge CEO Resigns Amid FTC Probe

BurnLounge CEO Alex Arnold has resigned from the multilevel music store company after the FTC branded the company a pyramid scheme and is seeking ot shut down. BurnLounge co-founders Ryan Dadd and Stephen Murray along with the company's board unanimously approved the appointed of Alex Arnold's suc... Source: Npros.com

BurnLounge CEO Resigns Amid FTC Probe

Posted 6/19/2007

Burnlounge Rep Sued by FTC

Former USC football star Rob DeBoer confirmed Friday he has been sued by the Federal Trade Commission for his involvement with an online music retailer that is accused of being a pyramid scheme. DeBoer said he is a retailer for Burnlounge, selling digital music on the Internet and the opportunity... Source: The State

Burnlounge Rep Sued by FTC

Posted 6/10/2007

Seasilver Appeals 120 Million FTC Payment

Seasilver Appeals $120 Million FTC Payment Seasilver(r) and related parties are appealing a $120 million "avalanche" payment demanded by FTC in connection with a 2003 settlement of advertising and labeling issues {U.S. District Court, District of Nevada CV-S-03-0676-RLH-(LRL)}. Seasilver is one of... Source: PRWeb

Seasilver Appeals 120 Million FTC Payment

Posted 7/29/2006

Seasilver Marketers Fined Almost 120 Million by FTC

Marketers of Seasilver Ordered to Pay Almost $120 Million 2006-07-24 - Federal Trade Commission (FTC) Defendants Failed to Pay Consumer Redress The marketers of Seasilver, an alleged phony cure-all, have been ordered to pay almost $120 million for failing to comply with an earlier order requir... Source: NPI Center

Seasilver Marketers Fined Almost 120 Million by FTC

Posted 7/24/2006

FTC Proposed Network Marketing Rules Criticized

Grassroots Campaign Urges Change of FTC BizOp Rule BOZEMAN, Mt.— The Federal Trade Commission (FTC) was flooded with more than 1,000 letters from individuals and companies calling for the modification of a proposed business opportunity rule that critics contend would adversely affect the ne... Source: Natural Products Insider

FTC Proposed Network Marketing Rules Criticized

Posted 7/24/2006

The Bottom Line About Multilevel Marketing Plans

The Bottom Line About Multilevel Marketing Plans Multilevel or "network" marketing plans are a way of selling goods or services through distributors. These plans typically promise that if you sign up as a distributor, you'll receive commissions - for your sales and those of the people you recruit t... Source: Npros.com

The Bottom Line About Multilevel Marketing Plans

Posted 3/29/2006