The Federal Trade Commission will hold a press conference on Thursday, November 8 at 11 am in Washington, DC, to announce a law enforcement action against the largest-ever international real estate investment scheme the agency has encountered. The Commission estimates that to date hundreds of consumers have lost more than $100 million to the illegal scheme.
| WHAT: | Press conference to announce FTC action regarding an allegedly illegal international real estate investment scheme |
| WHO: | James Kohm, Assistant Director, FTC’s Division of Enforcement
Consumer affected by the alleged scheme |
| WHEN: | Thursday, Nov. 8, 2018, 11 am ET (Doors will open at 10:45 am ET) |
| WHERE: | FTC Headquarters, 600 Pennsylvania Avenue, NW Washington, DC 20580 |
| WEBCAST: | The event will be webcast live. A link to the webcast will be available at ftc.gov on Thursday morning. |
| MEDIA CONTACT: | Mitchell J. Katz FTC Office of Public Affairs 202-326-2161 |
Reporters unable to attend the event can dial in to listen and ask questions. The call-in number is 1-800-288-8961, and the confirmation number is 456727. The host is Bruce Jennings. Lines will open at 10:45 am ET. Call-in lines are for reporters only. All media attending the press conference must have a valid photo ID to access the building.