Federal court slaps realty investment training biz with injunction
Sellers of program required to report financial transactions
By Inman News, Wednesday, January 19, 2005.A U.S. District Court judge this month issued a preliminary injunction against the sellers of a real estate investment training program that prohibits them from making false and unsubstantiated earnings claims about their program and from making false claims that their program coaches have substantial experience in the mortgage-note business and are readily available to assist consumers.
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