CATrends: Fake Discounts on Fitness Products
When the sale price is the regular price.
In August 2018, the alleged victims of a fraudulent investment scheme filed a class-action lawsuit alleging that the orchestrators of the scheme make investors believe that they’re investing in a mobile business solutions company (MDO, LLC) when, according to plaintiffs, the money was misappropriated and used to fund the lifestyle of the orchestrators, including chartered flights, a dairy cow farm, and a movie production. (Endicott et al v. George Marcus, Clegg, Bals & Rosenthal, P.A. (f/k/a Marcus, Clegg & Mistretta, P.A.), Case No. 18-cv-331, D. Me.)
When the sale price is the regular price.
Software maker will pay a $75 million fine and provide “affected consumers” with free services.
Order puts platforms like Amazon and Walmart on notice.
Advertised “best deal ever” comes with some caveats.
Cecilia D’Anastasio, Bloomberg