On September 13, 2016, the Federal Trade Commission filed for an Asset Freeze Order against the company and its principals, Don Juravin and George Whiting. (Case Number 8:15-cv-2231-T-35TBM, filed in the United States District Court Middle District of Florida).
The Order alleges that Mr. Juravin has attempted to conceal, dissipate, transfer, or dispose of assets owned, controlled or held by him or the other defendants by:
-- instructing one of the agents to create a new company which is to provide purported computer programing services for defendants;
-- depositing more than $50,000 of their assets in an account for this new created company even though any services it provided at the time were for only a fraction of that amount, and it had no written agreement to perform and services;
-- instructing one of the agents to generate fictitious invoiced from this new company for purported computer programming services rendered;
-- depositing $289,188 of the defendants assets into the new company's bank account as purported payment of the fictitious invoices with the expectation of reclaiming those funds at a later date;
--instructing the agent to create an Ireland company and proposed that this agent travel to Ireland to create a bank account for the Ireland company;
--proposed a fraudulent conveyance of title to a Mercedes Benz to the agent, while being in the defendants possession, with the expectation of reclaiming the title to the car at a later date;
It is ordered that the company and its principals are preliminarily restrained and enjoined from:
--Transferring, liquidating, converting, encumbering, pledging, loaning, selling, concealing, dissipating, disbursing, assigning, relinquishing, spending, withdrawing, granting a lien or security interest or other interest in, or otherwise disposing any funds, real or personal property, including vehicles, accounts, contracts, and shares of stock;
--Opening or causing to be opened any safe deposit boxes, commercial mail boxes or storage facilities;
--Obtaining a personal or secured loan;
--Incurring liens or other encumbrances on real property, personal property;
--Incurring charges or cash advances on any credit or bank card;
--Cashing any checks from consumers, clients, or customers.
The defendants deny any wrongdoing but in the interests of expediting resolution of the matter, they have agreed to the stipulate the terms of the asset freeze Order.
More Review Details
- Reason of review:
- Review category
- Weight Loss, Diets and Training