The Federal Trade Commission (FTC) and the Utah Division of Consumer Protection filed a lawsuit to shutdown Nudge, LLC and its affiliates, Response Marketing Group, LLC and BuyPD, LLC.
These companies allegedly defrauded millions of dollars from consumers through their real estate training scheme.
In the complaint, the FTC and the Utah Division of Consumer Protection alleged that Nudge bilked more than $400 million from consumers since early 2012 when it started selling real estate training packages.
Nudge and its affiliates used real estate celebrities to lure consumers
Nudge and its affiliates allegedly made empty promises to consumers to convince them to buy real estate training packages that cost thousands of dollars. The companies claimed that consumers will make “amazing profits” once they learn the strategies “flipping houses.”
The FTC and the Utah Division of Consumer Protection noted that the companies use real estate television celebrities to lure consumers to their free 90-minute seminars.