St. George businessman Jeremy Johnson took in about $59 million from his companies that federal authorities allege he used to carry out a massive Internet fraud, a court-appointed receiver says.
Johnson spent the money on an $8 million house reportedly covering 22,000 square feet, about 30 other properties, at least seven aircraft, two houseboats and various cars, according to a report filed Tuesday in federal court in Las Vegas.
Over 10 years, Johnson, his iWorks company and about 60 related entities “tricked” consumers into providing credit and debit card billing information and then billed them about $60 a month in charges to which they never agreed, the Federal Trade Commission alleges in a lawsuit filed in December.
Click here to read: Trustee: $59M reaped in alleged Utah fraud...
Johnson spent the money on an $8 million house reportedly covering 22,000 square feet, about 30 other properties, at least seven aircraft, two houseboats and various cars, according to a report filed Tuesday in federal court in Las Vegas.
Over 10 years, Johnson, his iWorks company and about 60 related entities “tricked” consumers into providing credit and debit card billing information and then billed them about $60 a month in charges to which they never agreed, the Federal Trade Commission alleges in a lawsuit filed in December.
Click here to read: Trustee: $59M reaped in alleged Utah fraud...
No comments:
Post a Comment