The order contains specific prohibitions on false claims about FCC licenses, requires Corey to disclose that the FCC prohibits obtaining paging licenses for the purpose of speculating for profit, and includes a general ban on false claims regarding material aspects of any telemarketing offer. And it includes various record keeping requirements that will assist the FTC in monitoring his compliance. The FTC received assistance in this case from the Securities Division of the Nevada Secretary of State's office and the Irvine, California, Police Department. The Commission vote to approve the settlement for filing in court was 5-0. This consent order is for settlement purposes only and does not constitute an admission by the defendant of a law violation.
Consent orders have the force of law when signed by the judge.