YTB Travel Faces Illinois Attorney General Lawsuit (YTB Travel Network)

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Uploaded by on May 30, 2009

http://www.MORVacationsAmerica.com //==//

Illinois has filed the case and they say about 70 people have complained about being scam victims at the hands of YTB Travel. The Illinois Attorney General seeks damages for the scam victims and has files against YTB Travel.
Former members who say they were YTB Travel scam victims have files a Federal class action suit against YTB Travel. The class action suit against YTB Travel is for $100 million. The scam victims say they were misled by YTB Travel. They saw ads with people collecting $10,000 checks and driving
expensive cars.
YTB International Inc. agreed to pay $1 million and to stop charging agents for travel Web sites to settle a deceptive marketing lawsuit filed by the California attorney general but now the Wood River, Ill., company faces similar litigation from the Illinois attorney general.
YTB, which operates through YourTravelBiz.com, agreed to stop charging agents $449.95 to buy online travel Web sites and agreed to develop a free online demonstration to recruit new members, according to California Attorney General Edmund Brown Jr.s office.
YTB also agreed to pay $1 million in penalties, costs and restitution to Californians who filed complaints against YTB, eliminate perks for joining, make it easier for agents to quit and limit income from downstream sellers, or people who have been recruited and who have become recruiters themselves.
YTB falsely promised customers they could get rich quick by selling travel online, Brown said in a statement. In reality, customers were reeled into an elaborate pyramid scheme and most never earned a dime. Todays settlement ends YTBs pyramid scheme by arming consumers with hard facts and eliminating the need to sign up for this largely unprofitable Web site.
YTB CEO Scott Tomer said the business model changes go along with its plan to change from a referring travel agent business to a franchise operating system.
YTB travel agents have complained that they were misled about how much money they would make and often made less than what it cost them to join, according to a consumer fraud lawsuit Illinois Attorney General Lisa Madigan filed Thursday against YTB. The lawsuit seeks fines of $50,000 for every consumer fraud violation the court finds.
In a statement, the attorney general said YourTravelBiz.com and its affiliates operate an illegal pyramid scheme that only benefits members if and when they find enough new members to join the scam. Once enrolled, members who join the pyramid scheme earn compensation for each new person they enlist, regardless of whether they sell any travel. The company lures new members by offering huge income opportunities through online travel agencies, yet the typical person actually makes nothing selling travel.

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  • how are you any different than ytb?you have these videos on here that are knockin the company,when in fact its completely legitimate. The people that are out there calling it a scam are all of the people that do not want to put the effort in to see actual results. YTB is awesome.

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