Graziosi and Yancey allegedly knew that many consumers were complaining that they were misled into spending a significant amount of money on their real estate coaching and training programs. To counter the negative reviews, both men allegedly told Nudge and its affiliates to place positive reviews on third-party websites such as Yelp and Consumer Affairs.
In a statement, FTC Bureau of Consumer Protection Director Andrew Smith said, “We believe these two TV personalities each made millions of dollars by assisting and facilitating this real estate investment rip-off. They were instrumental to the scheme and took a cut of the profits, and that’s why we’re seeking to add them to our case against the program’s operators.”
The FTC and the Utah Division of Consumer Protection originally filed a complaint to shutdown Nudge and its affiliates last year. The federal and state regulators alleged that the defendants defrauded more than $400 million from consumers since early 2012
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