If the Commission determines in the future, however, that any defendant made false statements or omissions concerning its financial condition, the FTC could seek to obtain the full amount of the judgment. Finally, the order contains several record-keeping and monitoring provisions designed to ensure the defendants' compliance with its terms. The Commission vote to authorize staff to file the complaint and stipulated final judgment was 5-0. The complaint and stipulated final judgment were filed in the United States District Court for the Northern District of Ohio, Eastern Division on April 4, 2001. This stipulated final judgment is for settlement purposes only and does not constitute an admission by the defendants of a law violation.
Consent judgments have the force of law when signed by the judge.
The FTC works for the consumer to prevent fraudulent, deceptive and unfair business practices in the marketplace and to provide information to help consumers spot, stop and avoid them. The FTC enters Internet, telemarketing and other fraud-related complaints into Consumer Sentinel, a secure, online database available to hundreds of civil and criminal law enforcement agencies worldwide. The Facts About Pre-Paid Phone Cards FTC v. T2U Co., Inc., et al.