FTC Seeks Return of More Than $275 Million in Billing Scheme

A federal court has frozen the assets of corporations and an individual behind a vast Internet enterprise that allegedly made more than $275 million after luring consumers into "trial" memberships, and bogus government-grant and money-making schemes, Collections & Credit Risk reported on Tuesday. The court froze the assets of 61 corporations (collectively known as "I Works") and their alleged leader, Jeremy Johnson. It placed assets for these defendants under the control of a court-supervised receiver to help ensure that funds are available for consumer restitution when the case is concluded.


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