ED Magedson – Founder
Brent Holland DreamLife Products Powergum Power Gum18120 HOSMER MILL Road, Covington, Louisiana Internet United States of America
December 13, 2006 -- (Baton Rouge, LA) Louisiana Attorney General Charles C. Foti, Jr., today announced Project FAL$E HOPE$, a federal and state law enforcement sweep targeting bogus business opportunities and work-at-home scams. The crackdown includes more than 100 law enforcement actions by the Federal Trade Commission, the Department of Justice, the United States Postal Inspection Service, and law enforcement agencies in 11 states, including Louisiana.
I want to take this opportunity to remind all those who wish to operate business opportunities that they must register with our office and post a surety bond. To provide business opportunities to Louisiana consumers without properly registering and obtaining a bond is an unfair trade practice and can be prosecuted under the Louisiana Unfair Trade Practices and Consumer Protection Law, Attorney General Foti stated.Bogus business opportunities trample on Americans dreams of financial independence, said FTC Chairman Deborah Platt Majoras. If a business opportunity promises no risk, little effort, and big profits, it almost certainly is a scam. These scams offer only a money pit, where no matter how much time and money is invested, consumers never achieve the riches and financial freedom promised.
When the states and the federal government, civil and criminal
enforcers, all work together sharing information, partnering
resources, and coordinating our efforts we can make very significant
progress against these unlawful businesses,
said Peter D. Keisler, Assistant Attorney General for the Justice Department's Civil Division. He went on to describe 23 fraud convictions obtained in 2006, and the sentencing of 23 defendants to a total of over 150 years' imprisonment for causing over $86,000,000 in consumer loss.
Project FAL$E HOPE$ includes new cases announced today, developments in existing cases, criminal convictions, and state actions, as well as new education materials for advertising sales staff on screening ads for bogus business opportunities.
As part of the sweep, Attorney General Foti announced that his office has filed suit against Brent Holland and Dreamlife, L.L.C. d/b/a Power Plus MPG and DreamLife Products. The Attorney Generals Office alleges that Dreamlife, L.L.C. has operated an illegal business opportunity in the marketing and selling of Power Plus MPG distributorships. The company, operating out of St. Tammany Parish, sell kits to people who wish to start distributorships of PowerPlus MPG products. The product that is included in the kits are pills, powders or liquids that are advertised to increase vehicle gas mileage. The Attorney Generals Office alleges that the products may not work as advertised and may be harmful to engines. By providing a business opportunity to Louisiana consumers without complying with specific provisions of the Louisiana Unfair Trade Practices and Consumer Protection Law, Dreamlife, L.L.C., PowerPlus MPG and Brent Holland have allegedly committed unfair trade practices. Specifically, Dreamlife, L.L.C. failed to register its business opportunity with the Attorney Generals office and post sellers and agents surety bonds with the Attorney Generals office.
The Attorney Generals Office has received a temporary restraining order against Brent Holland and Dreamlife, L.L.C. d/b/a Power Plus MPG and DreamLife Products. A hearing for a preliminary injunction is scheduled.
The Federal Trade Commission announced nine new cases, and three new referrals to DOJ for filing, as well as developments in another 13 cases. DOJ also obtained numerous criminal convictions as part of the sweep, putting business opportunity scammers behind bars. In the past year, USPIS was active against business opportunity scams perpetrated through the mail, obtaining cease and desist orders, restitution, and other remedies.
State law enforcement actions were announced by the Arizona Attorney Generals Office; California Attorney Generals Office; California Department of Corporations; Connecticut Department of Banking, Securities and Investments Division; Florida Department of Agriculture & Consumer Services; Indiana Attorney Generals Office; Kentucky Attorney Generals Office; Louisiana Attorney Generals Office; Maryland Attorney Generals Office, Securities Division; Texas Attorney Generals Office; Washington State Department of Financial Institutions, Securities Division; and Wisconsin Department of Financial Institutions. The Wisconsin Department of Agriculture, Trade and Consumer Protection also personally warned consumers to beware of bogus business opportunities.
A new guidance for publishers offers them help to screen out deceptive ads for business opportunities. The alert, Ads for Business Opportunities: How to Detect Deception, suggests advertising sales staff to give an extra look at ads that make claims such as:
No risk! Guaranteed Quick and Easy! Earn $2,000 a month.
The alert warns that legitimate business ventures involve risks, start-up businesses require a lot of work to get off the ground, and that the law requires earnings claims in ads be accompanied by the number and percentage of previous purchasers who achieved the income.
If you believe you are a victim of a business opportunity scam or would like more information on business opportunities, please contact the Attorney Generals Consumer Protection Hotline at 1-800-351-4889.
Source: Louisiana Attorney General's Office
This report was posted on Ripoff Report on 08/21/2010 01:15 PM and is a permanent record located here: http://www.ripoffreport.com/r/Brent-Holland-DreamLife-Products-Powergum-Power-Gum/internet/Brent-Holland-DreamLife-Products-Powergum-Power-Gum-Dreamlife-Products-LLC-Powerplus-MPG-633774. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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