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07/17/2020
FTC Sends More Than $1 Million in Refunds to Victims of Labor Law Poster Scam
FTC
Through the joint efforts of the Federal Trade Commission, the Florida Office of the Attorney General, and the Texas Office of the Attorney General, the FTC is sending refunds totaling more than $1 million to business owners who were victims of a deceptive scheme that sold labor law posters.
According to lawsuits brought by the FTC, the Florida Office of the Attorney General, and the Texas Office of the Attorney General, Thomas Henry Fred, Jr. and Starwood Consulting LLC, also doing business as Corporate Compliance Services, sent mailers that looked like invoices from government agencies to newly established businesses. The notices directed them to pay $84 for posters and warned that, “Failure to comply with posting regulations can lead to fines of up to $17,000.” To convince businesses that the mailers were invoices that must be paid, the mailers cited multiple federal statutes and listed a “Business ID” number and a response deadline.
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