Federal Trade Commission Recovers $3 Million From Video Rental Machine Scam

Feb. 18, 2011
Federal Trade Commission Recovers $3 Million From Video Rental Machine Scam

The Federal Trade Commission has recovered more than $3 million that will be refunded to investors who were duped in an alleged scam that promoted video rental machines as a business opportunity.

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Editor's Insight: The $3 million recovered is a paltry sum compared to the more than $20 million that was stolen from investors in this scam, according to previous reports.

Business opportunity scams will continue to tarnish the vending industry's reputation until law enforcement becomes more aggressive. 02-18-11 Elliot Maras