Amazon AI scammers blew millions on Lake Como wedding and cars, FTC alleges
Publishing timestamp: 2023-08-22 18:17:08
Summary
The FTC is pursuing John and Roman Cresto for allegedly defrauding customers in an e-commerce scheme. The brothers promised success on Amazon and Walmart but failed to deliver, leaving customers in debt. They made millions selling themselves as e-commerce experts, living a lavish lifestyle fueled by deception. The FTC is cracking down on deceptive e-commerce consultancies, with Amazon supporting the case. The Cresto brothers attempted to pawn off their businesses to another operator, who is now suing them for deception.
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Keywords: fraud and false statements, technology, markets, investors, breaking news: technology, walmart inc, amazon.com inc, business news, crime,