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Promises of 'Passive Income' On Amazon Led To Death Threats For Negative Online Review, FTC Says
Friday September 27, 2024. 12:00 PM , from Slashdot
Months earlier, Sanford had left a scathing review for an e-commerce 'automation' company called Ascend Ecom on the rating site Trustpilot. Ascend's purported business was the launching and managing of Amazon storefronts on behalf of clients, who would pay money for the service and the promise of earning thousands of dollars in 'passive income.' Sanford had invested $35,000 in such a scheme. He never recouped the money and is now in debt, according to a Federal Trade Commission lawsuit unsealed on Friday. His experience is a key piece of the FTC's suit, which accuses Ascend of breaking federal laws by making false claims related to earnings and business performance, and threatening or penalizing customers for posting honest reviews, among other violations. The FTC is seeking monetary relief for Ascend customers and to prevent Ascend from doing business permanently. Read more of this story at Slashdot.
https://news.slashdot.org/story/24/09/27/0047225/promises-of-passive-income-on-amazon-led-to-death-t...
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