Customers Duped By House-Flipping Scheme Tied To HGTV Stars Are Getting Refunds
The Federal Trade Commission is giving $12 million in refund payments to those duped by a Utah company associated with multiple HGTV stars.
Zurixx LLC lured students into taking expensive seminars on house flipping. 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.
Some participants paid tens of thousands of dollars to take part in the Zurixx seminars.
The FTC said Zurixx owners Christopher Cannon, James Carlson, and Jeffrey Spangler partnered with home-improvement TV personalities. They included Tarek and Christina El Moussa, Hilary Farr, Peter Souhleris, and Dave Seymour of A&e’s Flipping Boston, among others.
In some cases, the celebrities never attended the classes, sending in pre-recorded video messages.
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...
Zurixx LLC lured students into taking expensive seminars on house flipping. 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.
Some participants paid tens of thousands of dollars to take part in the Zurixx seminars.
The FTC said Zurixx owners Christopher Cannon, James Carlson, and Jeffrey Spangler partnered with home-improvement TV personalities. They included Tarek and Christina El Moussa, Hilary Farr, Peter Souhleris, and Dave Seymour of A&e’s Flipping Boston, among others.
In some cases, the celebrities never attended the classes, sending in pre-recorded video messages.
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...
- 8/2/2024
- by Bruce Haring
- Deadline Film + TV
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