Court Finds Owner, Company Liable for $280 Million in Internet Scheme, Says FTC
A federal court found Terrason Spinks and his Jet Processing liable for more than $280 million in an internet scam the FTC alleged made millions by "luring" customers into paying for government grant and money-making schemes and memberships they never…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
enrolled in, said an agency Tuesday news release. The District Court for the District of Nevada ruled Aug. 18 after a bench trial, with the order released Thursday. The FTC said nine other individuals and dozens of corporations previously settled in the case that dates to 2010 when the commission lodged the complaints. Spinks and his company are banned from selling grant and money-making products, the release said. Contact information for the defendants couldn't be found.