FTC seeks to Freeze Assets of Four Defendants

FTC seeks to Freeze Assets of Four Defendants

The four individuals who were charged with promoting unfair investment schemes were sued by the Federal Trade Commission (FTC). The FTC intends to order injunction order towards the properties of the accused. They have been ordered to provide a list detailing their asset ownership. The regulatory body has also suggested the court to restrain them from entering into new business contracts.

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