Shaw Capital Management Scam Info:FTC Goes After Enormous Internet Scam

Shaw Capital Management Scam Info:FTC Goes After Enormous Internet Scam http://www. courthousenews. com/2011/01/27/33672. htm By JAMIE ROSS PHOENIX (CN) - The Federal Trade Commission claims Utah businessman Jeremy Johnson used a "far-reaching Internet... More

Shaw Capital Management Scam Info:FTC Goes After Enormous Internet Scam http://www. courthousenews. com/2011/01/27/33672. htm By JAMIE ROSS PHOENIX (CN) - The Federal Trade Commission claims Utah businessman Jeremy Johnson used a "far-reaching Internet enterprise" to defraud "hundreds of thousands" of people by deceptively enrolling them in "memberships for products or services," and then repeatedly charging their credit and debit cards, without their knowledge, "for memberships the consumers never agreed to accept. " "This scam has caused hundreds of thousands of consumers to seek chargebacks, reversals of charges to their credit cards or debits to their bank accounts," according to the 81-page federal complaint also filed in Las Vegas. "The high number of chargebacks has landed the defendants in VISA s and MasterCard s chargeback monitoring programs, resulted in millions of dollars in fines for excessive chargebacks, and led to the termination of numerous of defendants merchant acc Less