If practical, the funds will be used for consumer redress. Finally, the settlement contains various reporting provisions that would assist the FTC in monitoring his compliance. The Commission vote to accept the consent judgment for filing in court was 5-0. It was filed this morning in U.S. District Court for the Southern District of Florida and requires the court's approval to become binding. This consent judgment is for settlement purposes only and does not constitute an admission by the defendant of a law violation.
Consent judgments have the force of law when signed by the judge.
The FTC has published two free brochures offering advice for consumers interested in purchasing a franchise or business opportunity.