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Article: FTC CHARGES INVENTION PROMOTION SWINDLERS WITH CONTEMPT

Article from:
US Fed News Service, Including US State News
Article date:
March 19, 2007
Copyright

The Federal Trade Commission issued the following press release:

The Federal Trade Commission has filed a civil contempt action against four individuals and eight business entities for allegedly operating a fraudulent invention promotion business in violation of a court order.

The individuals were employed by International Product Design Inc., which the FTC charged with fraudulent business practices in 1997. A court order issued in 1998 prohibited Julian Gumpel, Darrell Mormando, and Greg Wilson from deceptively marketing invention promotion services, but Gumpel later revived the same scam under the name, "Patent and Trademark Institute of America" (PTI).

For a fee of $895 to $1,295, PTI ...

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