FTC halts Click Profit scheme that defrauded consumers of millions
The FTC obtained a court order halting Click Profit, a fraudulent business opportunity scheme that promised consumers passive income through an AI-powered online sales system. The scheme falsely claimed affiliations with major brands and charged consumers management fees of at least $45,000 each, costing victims at least $14 million collectively.
What happened
At the request of the Federal Trade Commission, a federal court temporarily halted Click Profit, a business opportunity scheme that charged consumers a 'management fee' of at least $45,000 plus additional thousands of dollars.
The FTC alleged that Click Profit and its owners, which also operated under the names FBALaunch, Automation Industries, and PortfolioLaunch, deceived consumers by falsely promising they could earn large sums in 'passive income' using a proprietary system powered by artificial intelligence that supposedly enabled them to sell goods through online platforms such as Amazon, Walmart, and TikTok.
Click Profit claimed to be affiliated with major companies like Nike and Disney to convince consumers to purchase the business opportunity and falsely advertised that the opportunity was 'safe, secure, and proven to generate wealth' with profits that would be consistent and predictable.
Reported impact
Click Profit has cost consumers at least $14 million, according to the FTC.
Individual consumers lost tens of thousands of dollars while the Click Profit operators enriched themselves.
Classification
Sources and evidence
This record was researched and written by the Index, based on the following original reporting.