People swayed into thinking they could make a lot of money by selling products on Amazon may be recouping their losses from the Federal Trade Commission, resulting from an investigation initiated by BBB of Minnesota and North Dakota.
The FTC and the Minnesota Attorney General’s Office alleged that Sellers Playbook, Inc. lured consumers into believing that they were likely to earn thousands of dollars a month selling products on Amazon. In marketing their “system” for selling on Amazon, the defendants made false and unsubstantiated claims, such as make “$20,000 a month” and “Potential Net Profit: $1,287,463.38.”
Those claims turned out to be false, and now victims are receiving legitimate checks as part of a $232 million settlement. Just in case the victims are leery of cashing this check, the FTC has an interactive dashboard for refunds. Victims will know if a check is part of an FTC settlement because it will include an explanation and details about the case. The case will be listed in the chart of recent cases resulting in refunds.
Keep in mind, the FTC never requires people to pay upfront fees or asks for sensitive information such as a Social Security number or bank account information. If someone claims to be from the FTC and asks for money, it’s a scam.
If you have been a victim of a scam, report it to BBB Scam Tracker or contact your local BBB office.
