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Customers Duped By House-Flipping Scheme Tied To HGTV Stars Are Getting Refunds
Some $12M will be returned to would-be house flippers.
The company agreed to a settlement in February 2022 after it was accused of using false earning claims to draw in would-be real estate entrepreneurs. The FTC termed it a “coaching scheme.” Many attendees complained that most of the classes were focused on getting participants to spend more money for additional lessons and access to investors with capital. Thousands who were coached into fraudulent investments by Zurixx owners will receive checks from this substantial settlement,” Utah Attorney General Sean Reyes said in a statement.
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