News release: “At the request of the Federal Trade Commission, a federal court has frozen the assets of corporations and an individual behind a far-reaching Internet enterprise that allegedly made more than $275 million by luring consumers into deceptive trial memberships, and bogus government-grant and money-making schemes. The court froze the assets of 61 corporations (collectively known as I Works) and their alleged ringleader, Jeremy Johnson. It placed these defendants assets under the control of a court-supervised receiver to help ensure that funds are available for consumer restitution when the case is concluded. In December 2010, the FTC alleged that I Works lured consumers into trial memberships for bogus government-grant and money-making schemes, and then repeatedly charged monthly fees for these and other memberships the consumers never ordered. According to the FTCs complaint, the operation used websites that pitch various money-making programs or tout the availability of government grants to pay personal expenses.”
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