March 7, 2019
Posted March 8, 2019
In the largest forfeiture ever obtained in a sweepstakes scam, the FTC and State of Missouri have settled with three men and corporations under their control for a record $30 million, with a suspended monetary judgment of $114 million. Kevin Brandes, William Graham, Charles Floyd Anderson were charged with sending millions of deceptive mailers primarily to elderly recipients. The mailers falsely informed recipients that they were eligible to win as much as $2 million, but failed to disclose the total fees recipients would have to pay to play. In addition to relinquishing $30 million, the three men have also been permanently banned from the business, and a court appointed receiver has been tasked with dissolving the companies. FTC