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Violation Tracker Individual Record

Company: CJ Seminar Holdings, LLC
Penalty: $17,450,000
Year: 2022
Date: February 15, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Zurixx, LLC and its associated companies operated a real estate investment coaching scheme that sold live seminars and telephone coaching using false earnings claims that convinced tens of thousands of consumers to pay them thousands or tens of thousands of dollars. The settlement includes a monetary judgment of $104.7 million against the corporate defendants in the case. The settlement agreement does not break down the penalty amounts, so we assume an even split between companies.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
Facility State: Utah
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.