Hawaii is one of the countries alleging
A federal judge has frozen the assets of Equinox International Corp., Las Vegas, companies established once described as the fastest growing in the nation, while he believes the Confederation and the country claims that its success is due in large Part of widespread fraud.U.S. District Judge Johnnie B. Rawlinson also appointed a receiver for the company which operates a network of distributors to sell offers in the water, cleaning of vitamins, and froze the assets of the company founder William Gouldd.
Civilians are the most serious charges once again for an edge will now fight with legal difficulties.
The Federal Trade Commission and six states, including Hawaii, say Equinox and two associates of the man deceived by $ 220 million, and they want money from consumers is returned.
In proceedings in a federal court in Las Vegas, government officials as a portrait Equinox nothing other than a “pyramid scheme” illegally used new investors to reward the first participants. According to the complaint, “says Equinox aspiring participants can earn tens of thousands of dollars if she distributors - a status that makes the purchase of at least $ 5000 in products.
Then distributors namely, a training program that “the real possibility that people who are, money in the Equinox is a system of successive recruitment of others, rather than selling products in trade detail, “says the complaint. Although the company promises the prospect of quick wealth, the vast majority of Equinox distributors have little or no success selling products, government officials say.
Equinox officials were not available for advice. A replay of the company’s central Las Vegas today, said that “because of special circumstances, outside of normal operating procedures, the company is unable to your call on that date.
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