SEO Company Banned for Life
Interesting article at Webpronews.com today discussing a recent ban imposed on Netvertise, Inc. by the FTC. Apparently:
The FTC alleges the company violated federal law by selling franchises for Website design, promotion services, and SEO software under false claims.
In addition to the ban, Netvertise will have to return $160,000 to its customers, as part of a settlement, which is not technically an admission of guilt.
The FTC claims the company inflated the earnings customers would make with their services and Netspace SEO software to lure franchise buyers.
The FTC says Krasnow’s company misrepresented franchise incomes with unsubstantiated earnings claims, overstated the value of the Netspace software, and that the Netvertise provided consumers with “defective” disclosure documents.
Interesting…I’d never heard of them before. If they’re scamming innocent clients out of cash then this can only be a good thing.
May 22nd, 2007 at 6:26 am
They give all seo’ers a bad name
May 23rd, 2007 at 3:52 am
Well, I hope my company doesn’t get banned.
How’ve you been dude? Hit me up on Gtalk whenever.