FTC Reaches $63.5 Million Settlement With Amazon Schemers

The FTC banned a marketing group behind a “get-rich-with-Amazon” scheme from marketing and other business-related transactions, the agency announced in a $63.5 million settlement Thursday. The deal requires Jeffrey Gomez, Adams Consulting and Global Marketing Services to surrender $63.5 million, “which will be partially suspended when Gomez surrenders approximately $2.55 million in funds and assets.” Defendants falsely claimed their “Amazing Wealth System” would deliver profitable online business through Amazon sales, the agency said. Most customers “lost significant amounts of money” and many were suspended from the platform, the agency said. An attorney for the defendants didn’t comment.