Minnesota Company Accused Of Running Sales Scheme On Amazon
MINNEAPOLIS (WCCO)--- A Minnesota company has been charged with running an illegal sales scheme on Amazon.
The company, Sellers Playbook, told customers that they could make $20,000 a month and a potential net profit of $1.3 million by selling products on Amazon.
The Federal Trade Commission says that "few, if any, consumers achieved these results, and most lost money."
The owners of Sellers Playbook are a Minnesota couple, Jessie and Matthew Tieva. The Minnesota Attorney General's Office filed a complaint in federal court that alleges the Tieva's company made "false and unsubstantiated" claims to lure customers into buying its pricey system.
Prosecutors say Sellers Playbook collected more than $15 million from consumers over the past year. The FTC reported that many consumers paid the company more than $32,000.
The FTC says the defendants are charged with violating numerous acts, including the FTC Act and Minnesota Prevention of Consumer Fraud Act. The owners have no affiliation with Amazon.
A temporary restraining order signed by U.S. District Court Judge Donovan Frank prohibits Sellers Playbook from operating.
To read the full FTC report click here.