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FTC Says NYC-Based Telemarketers Scammed Thousands

The Federal Trade Commission is suing to shut down an alleged $220 million telemarketing scheme operating out of the Empire State Building called The Tax Club Inc., saying it has victimized thousands of people, including the elderly and disabled.

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The scheme targets those who are interested in working at home or setting up Internet businesses, charging them thousands of dollars for phantom small-business development services.

Court papers were filed in federal court in Manhattan by the FTC and the Attorney General’s of New York and Florida.

Source: Bloomberg

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