FTC and ecommerce website classiccloseouts reconciliation

Beijing time January 14 Morning news, the United States federal Exchange Commission (hereinafter referred to as "FTC") and E-commerce website Classic Closeouts reached a settlement, the latter has been accused of illegally charging users millions of of dollars in fees. According to the FTC's settlement agreement with classic closeouts, classiccloseouts.com and all of its people Greenberg (Daniel Greenberg), Mr Greenberg must not have any internet company that deals with the user's credit or debit card business. and shall not provide advisory services to such enterprises. In addition, he has to pay 2.08 million of dollars in compensation.　　But as Mr Greenberg has just filed for bankruptcy, the money will not be charged. In 2009, the FTC sued Classic Closeouts, Greenberg and several others for illegally charging users.　　Classiccloseouts.com sold a variety of goods, but the FTC said the site would charge an extra fee, between 59.99 and 79.99 dollars, without a user's permission. When users are aware of these bizarre charges and try to contact the site, they do not receive any response.　　Many users are arguing with the bank, but sometimes the site will pretend that the user has opted to join a classic Closeouts's shopping club, which is not a problem. In June 2009, the court held hearings and temporarily barred classic closeouts from continuing to carry out the business mentioned by the FTC. At present, classiccloseouts.com has been offline. (Yan Fei)