Burnlounge Rep Sued by FTC
DeBoer said he is a retailer for Burnlounge, selling digital music on the Internet and the opportunity to purchase Burnlounge franchises.
The former running back said he has recruited about 45 other people to open their own Burnlounge music Web sites, for which DeBoer earns a commission for each song they sell.
Among those he has introduced to Burnlounge is former USC quarterback and Columbia lawyer Todd Ellis, who is not named in the lawsuit.
The Federal Trade Commission, which declined comment this week, filed suit Tuesday alleging that Burnlounge is a pyramid scheme and that its largest retailers have misrepresented the income investors made with the company, DeBoer said. DeBoer claimed by last summer he had made almost $300,000.
Related News
-
Burnlounge Lawsuit in Hands of US Judge
The federal lawsuit that alleges former USC football star Rob DeBoer was involved in the pyramid scheme is in the hands of a judge.Testimony recently ended in the case over Burnlounge, a New York online music store operator that attracted many investors from the Columbia area.The Federal Trade... Read More...BurnLounge in Wired News
Have you ever wanted to be a snarky record store clerk like the ones in High Fidelity, recommending the choicest cuts to a grateful and adoring public? People's Music Store lets you set up your own online storefront to sell up to 50 DRM-free albums from a decent range of high-quality electronica, ro... Read More...FTC Settles with BurnLounge
The Federal Trade Commission (FTC) has announced that one of the operators of BurnLounge, a digital music distribution service the agency had determined was actually a pyramid scheme, has settled charges and agreed to give up $20,000 in ill-gotten gains.The FTC charged BurnLounge in June 2007 wit... Read More...BurnLounge on Wired Blogs
You may remember a site called BurnLounge, which charged users upfront for a chance to make money selling other peoples' music, like a digital music version of Amway.If your reaction to BurnLounge was anything like mine, you quickly became frustrated by chirpy, overenthusiastic strangers infiltra... Read More...
