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Scam Company Fined
by Roger Brown » Wed Sep 12, 2007 8:11 pm
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Roger Brown - Black Belt
- Posts: 1208
- Joined: Mon Oct 30, 2006 2:53 pm
- Location: USA
Here is another example of why Inventors are papraniod of Invention Submission companies. I am glad to see this one get what they deserve. I just wish it was before all those Inventors got conned.
Here is the link to the story below.
http://www.ftc.gov/opa/2007/03/ipd.shtm
For Release: March 19, 2007
FTC Charges Invention Promotion Swindlers with Contempt
Scam Operation Took More Than $60 Million from 17,000 Consumers
The Federal Trade Commission has filed a civil contempt action against four individuals and eight business entities for allegedly operating a fraudulent invention promotion business in violation of a court order.
The individuals were employed by International Product Design Inc., which the FTC charged with fraudulent business practices in 1997. A court order issued in 1998 prohibited Julian Gumpel, Darrell Mormando, and Greg Wilson from deceptively marketing invention promotion services, but Gumpel later revived the same scam under the name, “Patent and Trademark Institute of Americaâ€
Here is the link to the story below.
http://www.ftc.gov/opa/2007/03/ipd.shtm
For Release: March 19, 2007
FTC Charges Invention Promotion Swindlers with Contempt
Scam Operation Took More Than $60 Million from 17,000 Consumers
The Federal Trade Commission has filed a civil contempt action against four individuals and eight business entities for allegedly operating a fraudulent invention promotion business in violation of a court order.
The individuals were employed by International Product Design Inc., which the FTC charged with fraudulent business practices in 1997. A court order issued in 1998 prohibited Julian Gumpel, Darrell Mormando, and Greg Wilson from deceptively marketing invention promotion services, but Gumpel later revived the same scam under the name, “Patent and Trademark Institute of Americaâ€
Come visit my sites at http://www.RogerBrown.net
or http://www.looking2license.com
I have gotten 9 products licensed spending less than $100 on each, you can too.
or http://www.looking2license.com
I have gotten 9 products licensed spending less than $100 on each, you can too.
2 posts
• Page 1 of 1