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Phony Medical Billing Telemarketers Banned
From Engaging in Medical Billing and Work At Home Business Opportunities:
Defendants Were Part of FTC'S "PROJECT BIZ-ILLION$"
Sweep
Home Professions, Inc., Telesalescenter.Com., and their owner, Michael Petok, charged
by the Federal Trade Commission as part of a nationwide crackdown on fraudulent business
opportunities, have agreed to pay $27,647 to settle the charges against them. The FTC had
filed a complaint in federal district court alleging that the defendants operated a
fraudulent work-at-home medical billing business opportunity. The FTC alleged that the
defendants misrepresented the earnings consumers could realize, the ease of signing up
doctors as clients, the utility of their medical billing software, and the availability of
a money back guarantee. Under the settlement, the defendants are banned from the medical
billing and work-at-home industries.
The settlement announced today ends the litigation in this case, which was among 35
cases brought by the FTC and the Department of Justice as part of "Project
Biz-illion$," a multi-prong state/federal attack on traditional business opportunity
scams. This case, like most of "Project Biz-illion$" actions, was launched
against defendants that advertised in the classified section of daily newspapers to peddle
work-at-home scams. The FTC's complaint named Home Professions, Inc., Telesalescenter.Com,
based in San Juan Capistrano, California, and Michael Petok, doing business as Nationwide
Medical Billing, ProClaim Software, and OptiMed (collectively referred to as "Home
Professions"). According to the FTC, the defendants made unsupported earnings claims,
provided consumers with faulty software that was incapable of processing medical billing
claims, falsely promised consumers that they had a list of doctors who were ready to hire
the defendants' customers to process their medical claims, and misrepresented their refund
policy. A minimum investment ranging from $299 to $599 was required and the defendants'
ads typically stated that consumers would make "From $24K to $50K+ per year."
Under the settlement, which required the court's approval, the defendants are banned
from any future involvement in the sale of medical billing or other work-at-home business
opportunities, and are prohibited from misrepresenting any fact material to a consumer's
decision in connection with the sale of any goods or services. The settlement requires the
defendants to provide notice of the settlement to all customers who are currently making
payments under existing contracts and to allow those customers to rescind their contracts.
In addition, the settlement requires the defendants to pay $27,647, with an avalanche
clause that would require them to pay $2.9 million in the event they are found to have
made omissions or misrepresentations about their financial condition. Finally, the
settlement contains various recordkeeping and reporting requirements designed to assist
the FTC in monitoring the defendants' compliance.
The Commission vote authorizing staff to file the proposed settlement was 5-0. The
stipulated judgment and order for permanent injunction was filed in the U.S. District
Court for the Central District of California, Southern Division, on January 26, 2001, and
the court approved it on January 29.
Medical Billing Services
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Advanced Billing Pro, Inc. - Full-Service Medical Billing Company
... Advanced Billing Pro is a full-service medical billing. We offer billing solutions that are designed ... all paperwork in your office. Our medical billing services are for Chiropractors ...
MTBC - 4% Medical Billing 4?????? Medical Transcription
Medical Transcription Billing Corp. Low cost medical and insurance billing, medical transcription, insurance claims, billing outsourcing and medical claims processing office. We process medical insurance bills, medical transcriptions, medical ... Recent News. Medical Billing. Medical Billing @ Only 4% ... Copyright ?????? 2004. Medical Transcription Billing, Corp. All rights reserved ...
Open Directory - Business: Financial Services: Medical Billing
the entire directory only in Financial_Services/Medical_Billing. See also: A1A Billing and Collection - Provides medical billing and collection services. ... ABC Medical Billing.Com - Provides medical billing services ...
Medical Billing Resources and Bookstore by The AgentZ (TM)
Medical Billing Information, Training, Resources, and Bookstore ... Administrative Assisting, Medical Front Office programs, or those who wish to become insurance billing specialists ...
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medical office billing software
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Seasoft Medical | Billing Software & Office Supplies
Seasoft is a Houston based medical billing software company with full service support, printed products and supplies, and physician based supplies at wholesale prices...
AdvancedMD - Medical Billing and Practice Management Software
AdvancedMD is the #1 web-based software product for Physician Billing and Office Management ... featured, amazingly easy-to-use medical billing and practice management system that'll make you ... with good reason ????????? hassle-free medical billing and practice management software is ...
Medical Billing Company - Medical Billing Services - Medical Billing Companies - Physician Billing Services - ...
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Medical Practice Software - Medical Office Scheduling And Billing Software
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????????? ?????????Medical Billing Software - Software Engine
software engine provides detailed information on different type of Medical Billing Software ... Medical billing software information by software engine ... forte medical billing software,althea medical office electronic billing internet software,medical billing software in ...
Web based online application that integrates electronic medical records, medical billing software & medical ...
... medical scheduling software, electronic medical records (EMR) and medical billing software. We call it ... With Medical Office Online, you can do your own billing, or outsource ...
Medical Billing Software: hospital medical billing software, hospital management
The Capterra Medical Billing Software Directory helps IT buyers find, compare, and research Medical Billing software solutions ... Medical Billing Directory - 73 Solutions Listed ... Soft-Aid - The Medical Office Suite ...
Medical Billing Office Labels
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Medical Billing Office Labels Results
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The Billing Office, Inc. A Full Service Medical Billing Company
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Medical Billing Online - Doctors Online Billing
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Medical Billing Services in Orlando Florida
Medical Billing Professionals is a Full Service Medical Billing Company Specializing in Reclaiming Physicians' Money Faster ... Welcome to Medical Billing Professionals. We have joined forces ... of the art medical billing solutions to your practice. Medical Billing Professionals is HIPAA compliant and can be ...
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