Online Fraudsters Fined $3.7 Million for Violating Court Order
A pair of serial scammers have been cited for contempt and fined more than $3 million by a federal judge for defying a 2008 court order settling a Federal Trade Commission lawsuit.
The contempt order was filed at the request of the FTC after the agency accused the defendants of targeting unemployed and non-creditworthy consumers with a phony "$10,000 credit line" that was actually an online shopping club membership and a "no cost" prepaid debit card loaded with hidden fees.