Yes, you read that number correctly. Infomercial producers were found liable to the Federal Trade Commission for engaging in deceptive acts and practices by falsely advertising their product and services to consumers (Federal Trade Commission v. John Beck Amazing Profits LLC, Central District Federal Court, Plaintiff’s attorney:, Willard K. Tom). The award was calculated from the earnings received by the defendant for their deceptive infomercials.
These were the get rich quick with real estate infomercials and coaching services as well as other gizmos such as an electric ab machine. Who thought they would get great abs in 20 days anyway? Just asking.
This is a decision against against all defendants namely: John Beck Amazing Profits, LLC, John Alexander, LLC, Jeff Paul, LLC, also d/b/a Shortcuts to Millions, LLC, Mentoring of America, LLC, Family Products, LLC, Douglas Gravink, Gary Hewitt, John Beck, John Alexander, and Jeff Paul.