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Case Status
Pending
Â鶹´«Ã½ Trade Commission and Utah's Division of Consumer Protection, Plaintiffs, v. Zurixx, LLC, a Utah limited liability company; Brand Management Holdings, LLC, a Delaware limited liability company; CAC Investment Ventures, LLC, a Puerto Rico limited liability company; Carlson Development Group, LLC, a Utah limited liability company; Carlson Development Group, LLC, a Puerto Rico limited liability company; CJ Seminar Holdings, LLC, a Utah limited liability company; Dorado Marketing and Management, LLC, f/k/a Zurixx, LLC, a Puerto Rico limited liability company; JSS Investment Ventures, LLC, a Utah limited liability company; JSS Trust, individually and as an owner of JSS Investment Ventures, LLC; Zurixx Financial, LLC, a Utah limited liability company; Zurixx Financial, LLC, a Puerto Rico limited liability company; Cristopher A. Cannon, individually and as an officer of Zurixx, LLC; James M. Carlson, individually and as an officer of Zurixx, LLC; Jeffrey D. Spangler, individually and as an officer of Zurixx, LLC; and Gerald D. Spangler, as trustee for the JSS Trust; Defendants.
FTC Matter/File Number
182 3063
X190047
Civil Action Number
2:19-CV-00713-DAK
Â鶹´«Ã½ Court
District of Utah

Case Summary

The operators of a massive real estate investment coaching scheme face permanent bans and will pay approximately $12 million for consumer redress as part of a settlement in a lawsuit filed by the Â鶹´«Ã½ Trade Commission and the Utah Department of Commerce Division of Consumer Protection (UDCP).

The FTC and UDCP alleged that Zurixx, LLC, its owners Cristopher Cannon, James Carlson, and Jeffrey Spangler, and a number of 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 Â鶹´«Ã½ Trade Commission is sending more than $12 million in refunds to consumers who paid Zurixx, LLC for a real estate investment training program that allegedly made empty promises about earning big profits by “flipping†houses.

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