NotTheNoobs

Trading Central => Scammers => Topic started by: Caesar on October 18, 2020, 07:19:03 PM

Title: Online Trading Academy
Post by: Caesar on October 18, 2020, 07:19:03 PM
On February 12, 2020, the United States Federal Trade Commission filed a massive 8000+ page lawsuit against the Online Trading Academy. The complaint alleged that thousands of consumers spent a minimum of $370 million dollars and were systematically ripped off with phony performance claims.

On February 25, 2020, the FTC successfully obtained a temporary restraining order against all corporate assets, as well as the personal assets of company founders: Eyal Shachar and Sam Seiden.