SPAM: Telemarketers forced to surrender $5M in profits
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by
coondoggie
coondoggie writes "Canadian telemarketers who fraudulently pitched Visa and MasterCard credit cards have been ordered to pay back the nearly $5 million they garnered via the scheme. The Federal Trade Commission brought the charges and the U.S. District Court for the Northern District of Illinois said under the terms of the final order and judgment, the defendants — collectively known as Pacific Liberty — are barred from violating the FTC Act and the Commission's Telemarketing Sales Rule (TSR). They are liable as well for approximately five million dollars, the total net sales they made through the cross-border scheme.
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