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Fact #48 EnforcementMoney

$111 millionin judgments against a real estate coaching company, against about $5 million in assets

An FTC and Utah case against a real estate coaching company ended in judgments of more than $111 million, but the defunct corporations held about $5 million in receivership.

The FTC later sent more than $12 million in refunds to 25,563 consumers, nearly five years after the September 2019 lawsuit. The case ended in a settlement, not a trial verdict.

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Source: US Federal Trade Commission · US Federal Trade Commission. Read more: real estate investing seminar scam · case file

Sources

  1. Operators of Investment Coaching Scheme Banned from Industry and Ordered to Pay Millions in Redress to Defrauded Consumers. US Federal Trade Commission. Accessed 2026-09-29.
  2. FTC Sends More Than $12 Million in Refunds to Consumers Harmed by Zurixx Real Estate Investment Coaching Scheme. US Federal Trade Commission. Accessed 2026-09-29.