FTC Shuts Down Deceptive Blueprint to Wealth Scheme: Telemarketing Ban Enforced!

Federal Trade Commission

WASHINGTON, D.C. — The Federal Trade Commission (FTC) recently reached a settlement with Charles Joseph Garis, Jr., and Business Revolution Group, Inc. (BRG), permanently banning them from the telemarketing industry. This action follows a lawsuit filed by the FTC in December 2023, targeting the Blueprint to Wealth scheme, a deceptive business opportunity venture that misled consumers with false earnings claims.

Blueprint to Wealth, orchestrated by Garis and his associates, falsely promised consumers lucrative online businesses. Consumers were charged exorbitant fees, ranging from $3,000 to $21,000, for access to a scheme that delivered no tangible value beyond convincing others to join. The program exploited individuals seeking entrepreneurial success, funneling millions of dollars into a venture that existed solely to propagate its own expansion.

The settlement against Garis and BRG not only prohibits their involvement in telemarketing but also in selling or marketing any money-making or investment opportunities. Financial penalties include a $100,000 payment to the FTC and the forfeiture of substantial bank account holdings, which may be used to compensate defrauded consumers. Despite the total monetary judgment exceeding $567,000, it remains partially suspended due to Garis and BRG’s financial limitations, with the provision for full payment if financial misrepresentation is uncovered.

For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.

READ:  Ryan Cohen's $985K Penalty: FTC Cracks Down on HSR Act Violations in Wells Fargo Deal!