Independent Marketing Exchange, Inc.
Also known as: National Data Management, N.D.M., Global Mailing Services, G.M.S., Independent Mailing Services, Independent Mailing Services, Inc., I.M.S., Independent Shoppers Network, Independent Shoppers, Success At Home, Success-At-Home Mailing, IMEX, IMEX, Inc., Continental Publishing Company.
The FTC alleged that Independent Marketing Exchange falsely represented that consumers were likely to earn substantial income from work-at-home opportunities. A consent judgment required asset surrender and barred specified marketing practices.
Resolved. Refunded, settled, ceased operating, or the claim did not hold up. Kept for the record.
Identity
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- Registrations
- Independent Marketing Exchange, Inc. (Civil Action No. 1: 10-cv-00568-NLH-KMW, 2011)
- Jurisdictions
- United States (federal)
Consent judgment required asset surrender and ended the offers
The Federal Trade Commission alleged that Independent Marketing Exchange, Inc. and its principal, Wayne Verderber, II, marketed work-at-home and mystery-shopping opportunities to financially strained consumers. According to the complaint, filed on February 2, 2010, the defendants falsely represented that consumers were likely to make substantial income and made other misrepresentations. The action was part of the FTC’s Operation Bottom Dollar crackdown on work-at-home offers.
The settlement order imposed a $919,000 judgment. The release says that judgment would be suspended when the defendants turned over three rental properties, a Mercedes Benz, precious metals, and other assets. If their financial information was found to be untruthful, the full judgment would become due. Because the release does not state a dollar value for the assets actually surrendered, this record does not treat $919,000 as redress ordered.
The order banned the defendants from marketing or selling work-at-home and mystery-shopping opportunities or assisting others in doing so. It also barred deceptive claims about goods and services and required proof for earnings claims. The federal court signed the proposed consent judgment on April 11, 2011.
The consent judgment was for settlement purposes only and did not constitute an admission that the defendant violated the law.
Sources
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- Enforcement action May 11, 2011
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First recorded May 11, 2011 · Last updated May 11, 2011