Canadian telemarketers are being fined $4,997,695.60 by the U.S. Federal Trade Commission for practicing telemarketing fraud on United States Consumers. The FTC says that three men and a handful of companies were involved in scams that required consumers to pay advance fees (up to $316) to receive credit cards, cell phones and computers– none of which were ever delivered to the American consumers.
Charged are four men (Oleg Alex Oks, Alexandr Oks, Philip Nemirovsky, and Boris Pekar), as well as eight Ontario-based companies that went by as many as three or four names each. The defendants have been under investigation for quite awhile through joint efforts of numerous American and Canadian bureaus, according to the FTC.
Then, in September of last year, two of those men were sentenced to Canadian prison for criminal charges due to their deceptive telemarketing, and both were suspended from telemarketing for the next 10 years.
The nearly $5 million fine from the FTC was made official on March 18, 2008, in the U.S. District Court of the Northern District of Illinois, Eastern Division. The fine is the total amount that the defendants are alleged to have defrauded from the American consumers who were targeted and victimized by the phone scam.