The Federal Trade Commission (FTC) is distributing $12 million in payments to victims of a massive real estate investment coaching scheme that was endorsed by multiple celebrities, the agency said on July 31.
The money will go to approximately 25,563 consumers who paid Utah-based Zurixx LLC for a real estate investment training program that promised they could earn large amounts of money by buying and selling homes for a profit, a practice also known as flipping.
