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Home Source documents Complaint for Permanent Injunction, Monetary Relief, and Other Relief

Complaint for Permanent Injunction, Monetary Relief, and Other Relief

Date
2025-01-07

Summary

Exhibit J, filed January 7, 2025 as Document 1-12 in Case 1:25-cv-00117-FB-CHK, reproduces the Federal Trade Commission's Complaint for Permanent Injunction, Monetary Judgment, and Other Relief against Oto Analytics, Inc., also d/b/a Womply, and Toby Scammell, dated March 18, 2024, in the United States District Court for the Northern District of California, Case 3:24-cv-01661. The complaint alleges violations of Section 5(a) of the FTC Act, 15 U.S.C. § 45(a), and the COVID-19 Consumer Protection Act in marketing Paycheck Protection Program loan services between February 2021 and May 2021. It alleges that the defendants represented consumers would obtain PPP loans and have applications processed within 24 hours, and states that more than 1.99 million of over 3.25 million initiated applications were not funded. The FTC asks for a permanent injunction and monetary relief.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Full text

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                        EXHIBIT J
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1     JULIA HEALD, NY Bar No. 5437561
      KATHERINE WORTHMAN, DC Bar No. 488800
2     PAOLA HENRY, NY Bar No. 5612890
      Federal Trade Commission
3     600 Pennsylvania Avenue, NW
      Mailstop CC-10232
4     Washington, D.C. 20580
      Phone: (202) 326-3589 (Heald)
5     Email: jheald@ftc.gov; kworthman@ftc.gov; phenry@ftc.gov
      Attorneys for Plaintiff
6     FEDERAL TRADE COMMISSION

7
                                     UNITED STATES DISTRICT COURT
8                              FOR THE NORTHERN DISTRICT OF CALIFORNIA
                                          San Francisco Division
9

10
        FEDERAL TRADE COMMISSION,                                 Case No. ____________
11
                  Plaintiff,                                      COMPLAINT FOR PERMANENT
12                                                                INJUNCTION, MONETARY
                  v.                                              JUDGMENT, AND OTHER
13
                                                                  RELIEF
14      OTO ANALYTICS, INC., also d/b/a WOMPLY,
        a corporation, and
15
        TOBY SCAMMELL, individually and as an
16      officer of OTO ANALYTICS, INC.,

17                Defendants.

18
             Plaintiff, the Federal Trade Commission (“FTC” or “Commission”) for its Complaint
19
      alleges:
20
             1.        The FTC brings this action for Defendants’ violations of Section 5(a) of the FTC
21
      Act, 15 U.S.C. § 45(a), and the COVID-19 Consumer Protection Act, Pub. L. No. 116-260, §
22
      1401, 134 Stat. 1182, 3275-76. For these violations, the FTC seeks relief, including a
23
                                                   COMPLAINT

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1     permanent injunction, monetary relief, and other relief, pursuant to Sections 13(b) and 19 of the

2     FTC Act, 15 U.S.C. §§ 53(b) and 57b, and the COVID-19 Consumer Protection Act.

3                                      SUMMARY OF THE CASE

4            2.      Defendants enticed millions of small business consumers seeking emergency

5     financial assistance during the COVID-19 pandemic to apply for forgivable Paycheck Protection

6     Program (“PPP”) loans through their platform. Touting individualized, timely customer service,

7     Defendants promised small business consumers that Defendants would process their loan

8     applications fast, such as within 24 hours of submission, and that loan funds would ultimately be

9     secured for them.

10           3.      But in millions of cases, Defendants failed to obtain PPP loans for small business

11    consumers. In numerous cases, Defendants also failed to process PPP applications in the

12    promised time frame. Defendants were aware that Womply did not provide small business

13    consumers with the promised results, yet continued making deceptive claims and bringing in new

14    customers.

15           4.      Defendants’ deceptive practices have violated the FTC Act and the COVID-19

16    Consumer Protection Act.

17                                    JURISDICTION AND VENUE

18           5.      This Court has subject matter jurisdiction pursuant to 28 U.S.C. §§ 1331, 1337(a),

19    and 1345.

20           6.      Venue is proper in this District under 28 U.S.C. § 1391(b)(2), (c)(2), and (d), and

21    15 U.S.C. § 53(b).

22

23
                                                  COMPLAINT

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1                                      DIVISIONAL ASSIGNMENT

2            7.      Defendants marketed their services throughout the United States, including

3     throughout the county of San Francisco, the location of their principal place of business during

4     the relevant time period.

5                                                PLAINTIFF

6            8.      The FTC is an independent agency of the United States Government created by

7     the FTC Act. 15 U.S.C. §§ 41–58. The FTC enforces Section 5(a) of the FTC Act, 15 U.S.C. §

8     45(a), which prohibits unfair or deceptive acts or practices in or affecting commerce. The FTC

9     also enforces the COVID-19 Consumer Protection Act, which prohibits deceptive practices in or

10    affecting commerce that are associated with a government benefit relating to COVID-19, Public

11    Law 116-260, 134 Stat 1182, Title XIV, Section 1401(b)(2).

12                                              DEFENDANTS

13           9.      Defendant Oto Analytics, Inc., also doing business as Womply (“Womply”), is a

14    Delaware corporation, with its principal place of business between at least February 2021 and

15    May 2021 at 548 Market Street, Suite 73871, San Francisco, CA 94104, and now operating

16    virtually. Womply transacts or has transacted business in this District and throughout the

17    United States. At all times relevant to this Complaint, acting alone or in concert with others,

18    Womply has advertised, marketed, or distributed PPP financing services to small business

19    consumers throughout the United States.

20           10.     Defendant Toby Scammell is the Chief Executive Officer and a Director of

21    Womply. At all times relevant to this Complaint, acting alone or in concert with others, he has

22    formulated, directed, controlled, had the authority to control, or participated in the acts and

23    practices of Womply, including the acts and practices described in this Complaint. Defendant
                                                   COMPLAINT

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1     Scammell has managed the day-to-day business of Womply for years and has knowledge of and

2     involvement in the company’s advertising, marketing, and provision of PPP financing services to

3     small business consumers. In connection with the matters alleged herein, Defendant Scammell

4     transacts or has transacted business in this District and throughout the United States.

5                                               COMMERCE

6            11.     At all times relevant to this Complaint, Defendants have maintained a substantial

7     course of trade in or affecting commerce, as “commerce” is defined in Section 4 of the FTC Act,

8     15 U.S.C. § 44.

9                               DEFENDANTS’ BUSINESS ACTIVITIES

10                                        Background on SBA’s
                                       Paycheck Protection Program
11
             12.     The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”),
12
      P.L.116-136, was enacted in March 2020 to provide immediate, emergency assistance to
13
      individuals and businesses affected by the COVID-19 pandemic. Under the CARES Act,
14
      eligible small businesses could obtain forgivable loans under a temporary, emergency Small
15
      Business Administration (“SBA”) loan program called the Paycheck Protection Program
16
      (“PPP”).
17
             13.     PPP loans were designed to help small businesses struggling, because of the
18
      pandemic, to keep their workers on payroll, as well as cover mortgage interest payments, rent,
19
      utilities, and other essential expenses. Many small businesses that applied for PPP loans
20
      desperately needed immediate funds to stay afloat.
21

22

23
                                                   COMPLAINT

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1            14.     Additionally, unlike most loans, PPP loans could be forgiven if the small business

2     owners used the loan proceeds for payroll costs and other eligible expenses—thus effectively

3     transforming the loan into a free federal grant.

4            15.     The PPP was an extraordinarily time-sensitive program, operating on a first-come,

5     first-served basis. When the PPP ran out of funds in May 2021, SBA ceased accepting new PPP

6     loan applications.

7                              Defendants Misrepresented That Consumers
                           Would Obtain PPP Loans if They Applied with Womply.
8
             16.     Between at least February 2021 and May 2021, Defendants disseminated
9
      advertisements for PPP loans, or otherwise made statements to consumers, that claimed
10
      consumers who qualified for PPP loans would receive loan funds if they applied with Womply.
11
      Defendants advertised both directly to consumers—often targeting workers in the gig economy
12
      and other one-person businesses like freelance workers and independent contractors—and by
13
      disseminating claims through referral partners including social media influencers and certified
14
      public accountants.
15
             17.     For example, in an email announcing “PPP Fast Lane”—Womply’s automated
16
      PPP loan application system launched in February 2021—to referral partners, Defendants stated,
17
      and asked the recipients to spread the word, that consumers who applied for PPP loans with
18
      Womply would “[g]et maximum PPP stimulus” of up to $41,000 deposited directly into their
19
      bank accounts and that the application process would take “as little as five minutes.” In sample
20
      emails Defendants provided their referral partners for dissemination to consumers, Defendants
21
      proclaimed that PPP Fast Lane was “Bigger,” “Better,” and “Faster,” and promised consumers
22
      “up to 20x more money”:
23
                                                   COMPLAINT

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1
              PPP Fast Lane:
2               • Bigger: Get up to 20x more money (max of $49 ,999 per person )


3                   •   Better: Use your 2020 filed taxes, 2020 draft taxes, or 2019 tax filings. Previous EIDL
                        loans, PPP loans , or EIDL advances are ok .
4
                    •   Faster: We need one page from your tax docs plus a connected bank account
5

6     Ex. A

7             18.       Defendants also made these claims in advertisements on social media. For

8     example, Defendants claimed that consumers would “[g]et [their] PPP loan” if they applied with

9     Womply; that “[t]he government wants TO GIVE YOU MONEY” and directed consumers to

10    “[a]pply for your PPP business loan through Womply and receive: [y]our PPP loan with as much

11    help as Womply can provide”; proclaimed “We Can Get You PPP!”; and exhorted “[g]et the

12    help you need, fast, with Womply . . . [w]e’ll help you apply for a PPP loan of up to $41,666 in

13    only 5 minutes”:

14

15

16

17

18

19

20

21

22

23
                                                     COMPLAINT

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1        •     Womply
             ' Sponsored (demo)

2       PPP deadline approaching soon - apply ASAP as fund ing is limited!
        Apply for your PPP business loan through Womply and receive:
3       ,1 Your PPP loan, wi h as much help as Womply can provide.... See more


4

5
                    The gavemment wants
6

7

8

9

10

11

12
                TO GIVE YOU IIONEY
13
        WOMPLY.COM

14      Get Your PPP Business Loan Through Womply                             Learn more
        Navigate he latest round of SBA s PPP program and connect ...

15      .. 0 • 1.BK                                             422 Commen s 176 Shares


16               r/:J li ke               CJ Comment                       ~ Share



17    Ex. B

18

19

20

21

22

23
                                                                COMPLAINT

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1              Womply
        --=,., Sponsored (demo) 0

2       Get your PPP business loan through Womply and receive:
        ✓ Your PPP loan, with as much help as Womply can provide.

3        ✓ A free, six-month Womply Pro subscription (S774 value) o help you through his
        difficult time.... See more

4

5

6

7

8

9

10

11

12

13
        WOMPLV.COM
14      Get Your PPP Business Loan Through Womply                              Learn more
         av,gate the fates round of SBA s PPP program and connect ...
15
        0 0 •• 4                                                        3 Comments 1 Share

16               r:fJ Like               CJ Comment                         ~ Share


17
      Ex. C
18

19

20

21

22

23
                                                               COMPLAINT

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1        •    Womply
              Sponsored (demo)
2      PPP deadline approaching soon • apply ASAP as funding is limited!
       Ge he help you need, fast, with Womply. We'll help you apply for a PPP loan of up
3       o $41 ,666 in only S minutes. Get your Irst and second draw loans which are 100%
       forgivable!

4

5

6

7

8

9               The
10
                government
                wants to give
11
                you money
12

13
       WOMPLY.COM
14     Get Your PPP Business Loan Through Womply                            Learn more
        avIga1e the latest round of SBA s PPP program and connect ...
15
       o·· 12                                                                     2 Shares

16              r/:J like                0 Comment                      ~ Share


17
      Ex. D
18
              19.           Defendants also assured consumers that they would provide individually tailored
19
      and timely customer service, including “[r]eal human support,” with “helpful, friendly support
20
      agents available to walk you through your application and answer your questions.”
21

22

23
                                                              COMPLAINT

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1            20.    Despite Defendants’ promises that small business consumers would get PPP loan

2     funds if they applied with Womply, of more than 3.25 million PPP loan applications initiated by

3     consumers, Defendants failed to achieve funding for more than 1.99 million of them (61%).

4            21.    Many of the consumers who never received funding were eligible for PPP loans,

5     but Defendants failed to fix known technical issues with their system or otherwise provide the

6     assistance necessary to process consumers’ applications.

7            22.    Defendants’ customer support channels were useless for thousands of consumers

8     seeking assistance with their applications. In late March 2021, after receiving more than 4,800

9     telephone calls that month to Womply’s customer service line and facing increasing requests by

10    email that Defendants frequently did not resolve, Defendants entirely disconnected their

11    telephonic customer service.

12           23.    For consumers who tried to use chat support, Defendants often took hours or days

13    to respond. In chat conversations, including during business hours, consumers often received

14    automated responses telling them to leave a message because no one was available to assist

15    them. In thousands of instances, no one from Womply ever replied to consumers’ chat

16    messages.

17           24.    Thousands of small business consumers complained that they did not receive PPP

18    loan funds, despite contacting Womply for assistance. For example:

19                 One small business consumer, who was told her loan had been funded but never

20                  got the money, emailed Defendants over several weeks pleading for help.

21                  Womply never assisted her and responded only weeks later with a form email

22                  saying that it “cannot advise [her] on this matter.” The consumer replied that she

23                  had to shut down her business due to lack of PPP loan funds.
                                                 COMPLAINT

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1                    Another small business consumer asked, “Why does the [SBA] website say my

2                     loan was disbursed when I haven’t received it? Why do I feel like I’m being

3                     scammed?” She explained that she had been seeking assistance from Womply for

4                     more than two months, but “[e]very single time I get a response it’s never specific

5                     to my situation and it never helps me.”

6                   Defendants Misrepresented That Womply Would Review and Process
                            PPP Loan Submissions Fast and Within 24 Hours.
7
             25.      Between at least February 2021 and May 2021, Defendants disseminated
8
      advertisements for PPP loans, or otherwise made statements to consumers, that consumers would
9
      have their PPP loan applications reviewed and processed by Womply within 24 hours.
10
      Defendants touted their speed, telling consumers that Womply was “faster than a bank,” and
11
      invited applications through Womply’s “PPP Fast Lane.”
12
             26.      Soon after Defendants began accepting applications through PPP Fast Lane, in
13
      early March 2021, Defendants told consumers “[w]ithin a couple of days every new Fast Lane
14
      submission will be processed within 24 hours.” Over at least the next ten days, Defendants
15
      continued to make similar but varied versions of these claims in their direct email marketing, in
16
      advertising emails they prepared for referral partners, and in Womply’s app, telling applicants
17
      that “[m]ost applications are now processed in under 24 hrs,” that applicants “can sign [their]
18
      First Draw [PPP] loan application[s] as soon as [they’re] ready, typically within 24hrs,” that
19
      applications “without problems” were all processed within 24 hours, and that Defendants’
20
      reviews would soon speed to just 3 hours, resulting in same-day finalization of applications in
21
      most cases.
22

23
                                                   COMPLAINT

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1             27.    Several days later, in late March 2021, Defendants then repeated the original

2     claim they had made two weeks earlier, promising that, “within a couple of days,” every

3     application would be processed within 24 hours.

4             28.    After consumers finished providing Womply with the requested information for

5     their PPP loan applications, Defendants told consumers that Womply would “review [their]

6     application in the next 24hrs” and follow up with a final application to sign, or if there were any

7     questions or issues with the application, Womply would notify them:

8

9

10

11
              Con                     ed our nfo
12

13

14

15

16

17

18
      Ex. E
19
              29.    Unfortunately for applicants, Defendants’ representations about timing, including
20
      that consumers were applying in a fast lane and that most consumers’ applications would be
21
      processed within 24 hours, had little to no basis and were often false. Numerous consumers
22
      complained that their applications were not processed within 24 hours. When advised of these
23
                                                   COMPLAINT

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1     complaints by a referral partner, Defendants acknowledged that Womply in fact took several

2     days to process new applications. Indeed, Defendants did not collect or preserve any data

3     giving them a reasonable basis to claim that they would operate “faster” and process applications

4     within 24 hours. And in some instances, when asked by applicants why there had been no

5     update within 24 hours, Defendants even admitted that they could not estimate the time it would

6     take to process applications.

7            30.     Because of the time-sensitive nature of the PPP and its limited funding, speedy

8     application processing was critical for consumers. The PPP was a temporary program that

9     ended when loan funds ran out in mid-2021, and as a result, numerous consumers subjected to

10    delayed processing of their applications lost their opportunity to obtain PPP loans entirely.

11    Further, even to the extent consumers did ultimately obtain PPP loans through Womply, in

12    numerous instances Defendants’ delays in processing their applications deprived struggling small

13    business consumers of emergency funds they needed immediately.

14           31.     Concerned applicants also contacted Womply when they had not heard about their

15    applications within 24 hours as promised. For example, one referral partner of Womply’s

16    alerted the Company that he had heard from numerous consumers who had “not had any

17    response about their applications yet, well beyond the 24 hours advertised,” and noted that he

18    was personally experiencing the same problem even after speaking with customer support.

19    Another told Defendants he was “getting more and more messages from people saying they’ve

20    had radio silence since applying for fast lane last week,” and that, as a result, many were

21    “questioning whether I scammed them into applying.” Consumers complained to Womply after

22    not hearing anything about their applications for more than twenty-four hours, only to find when

23    they logged into Womply’s portal that their applications had been cancelled.
                                                  COMPLAINT

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1                               Defendants’ Knowledge of Law Violations

2            32.     Defendant Scammell controlled and directly participated in Womply’s advertising

3     and marketing of its PPP loan services. Throughout the duration of PPP Fast Lane, he frequently

4     sent and received messages regarding the marketing of Womply’s services. Defendant

5     Scammell reviewed and provided feedback on draft marketing emails to consumers and content

6     on Womply’s website, and he wrote and edited language to be used in Womply’s advertising.

7            33.     Defendants, including Defendant Scammell, knew that consumers were misled by

8     claims that they would receive PPP loans, and that numerous small business consumers did not

9     receive loans despite seeking help from Womply’s customer service. Defendant Scammell

10    personally received thousands of consumer complaints directly by email and forwarded by

11    lenders, SBA, and Womply’s referral partners. For example, the CEO of one of the lenders with

12    whom Womply contracted warned Defendant Scammell that Defendants needed to “blunt this

13    idea of ‘instant’ or near-instant consumer-like funding.” Defendant Scammell personally

14    prepared a document informing a lender that nearly one third of PPP Fast Lane customers’

15    applications could not be processed by Womply; of those whose applications were processed by

16    Womply, the applications were not forwarded to lenders in more than one quarter of cases; and

17    of the applications forwarded to and approved by lenders, almost one fifth of applications

18    submitted to SBA were not approved, and that even when applications were approved by SBA,

19    five percent were not funded by lenders. Despite this, Defendants continued to solicit

20    applications and represent that consumers who applied with Womply would receive loans.

21           34.     Defendants, including Defendant Scammell, knew that small business consumers

22    were desperate and went to extraordinary lengths to still get Defendants’ help, including by

23    requesting help with their Womply applications by emailing an employee of the third-party
                                                  COMPLAINT

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1     company operating much of the PPP Fast Lane technology, direct messaging on LinkedIn

2     employees of a different third-party company assisting Defendants, and even using Google forms

3     meant for lenders. When asked about referring to Womply’s customer service the consumers

4     who sought help using LinkedIn, Defendant Scammell responded simply: “You should ignore

5     them.” Another Womply executive responded similarly when she and Defendant Scammell

6     learned about consumers’ use of Google forms to request help with their applications, explaining

7     that they were already aware that “customers will use very clever ways to get personalized

8     assistance,” and as a rule did not respond.

9            35.     Despite being flooded with customer service requests and complaints about

10    stalled applications, Defendants consistently increased their spending on advertisements in order

11    to increase traffic to PPP Fast Lane throughout at least April 2021. Defendants also used

12    referral programs to generate new PPP loan applications, offering what Defendant Scammell

13    called “aggressive rewards” to those who referred new applicants, and using “very strict time

14    bound campaigns to drive urgency and capture attention.” In addition to Womply’s own

15    customers who could be paid hundreds of dollars for referring their friends and family to PPP

16    Fast Lane, Defendants sought out accountants, as well as gig companies and social media

17    influencers popular with gig workers, to refer their clients, workers, and audience.

18           36.     Based on the facts and violations of law alleged in this Complaint, Plaintiff has

19    reason to believe that Defendants are violating or are about to violate laws enforced by the

20    Commission because, among other things, Defendants continued their unlawful acts or practices

21    despite knowledge of numerous complaints, only ceased their unlawful acts or practices with

22    respect to the PPP because the PPP stopped operating, continued working in financial services

23
                                                    COMPLAINT

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1     after the end of the PPP, and maintain the means, ability, and incentive to resume their unlawful

2     conduct with respect to small business financing assistance.

3                                   VIOLATIONS OF THE FTC ACT

4            37.     Section 5(a) of the FTC Act, 15 U.S.C. § 45(a), prohibits “unfair or deceptive acts

5     or practices in or affecting commerce.”

6            38.     Misrepresentations or deceptive omissions of material fact constitute deceptive

7     acts or practices prohibited by Section 5(a) of the FTC Act.

8                                                  Count I

9                        False, Misleading, or Unsubstantiated Claims Regarding
                                          Obtaining PPP Loans
10
             39.     In numerous instances in connection with the advertising, marketing, or
11
      promotion of PPP Loan Services, Defendants have represented, directly or indirectly, expressly
12
      or by implication, that they will obtain PPP loans for eligible consumers who submit PPP loan
13
      applications through Womply.
14
             40.     The representation set forth in Paragraph 39 is false or misleading or was not
15
      substantiated at the time the representation was made.
16
             41.     Therefore, the making of the representation as set forth in Paragraph 39
17
      constitutes a deceptive act or practice in violation of Section 5(a) of the FTC Act, 15 U.S.C.
18
      § 45(a).
19
                                                   Count II
20
                         False, Misleading, or Unsubstantiated Claims Regarding
21                                           Application Time

22           42.     In numerous instances in connection with the advertising, marketing, or

23    promotion of PPP Loan Services, Defendants have represented, directly or indirectly, expressly
                                                  COMPLAINT

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1     or by implication, that they will review or process consumers’ PPP loan applications fast, such as

2     within twenty-four hours.

3            43.      The representation set forth in Paragraph 42 is false or misleading or was not

4     substantiated at the time the representation was made.

5            44.      Therefore, the making of the representation as set forth in Paragraph 42

6     constitutes a deceptive act or practice in violation of Section 5(a) of the FTC Act, 15 U.S.C.

7     § 45(a).

8                VIOLATIONS OF THE COVID-19 CONSUMER PROTECTION ACT

9            45.      Enacted on December 27, 2020, the COVID-19 Consumer Protection Act makes

10    it unlawful, for the duration of the public health emergency declared on January 31, 2020

11    pursuant to Section 319 of the Public Health Service Act, for any person, partnership, or

12    corporation to “engage in a deceptive act or practice in or affecting commerce in violation of

13    Section 5(a) of the [FTC] Act (15 U.S.C. 45(a)) that is associated with . . . a government benefit

14    related to COVID–19.” Public Law 116-260, 134 Stat 1182, Title XIV, Section 1401(b)(2).

15           46.      The PPP was a government benefit related to COVID-19.

16           47.      The COVID-19 Consumer Protection Act provides that “[a] violation of

17    subsection (b) shall be treated as a violation of a rule defining an unfair or deceptive act or

18    practice prescribed under Section 18(a)(1)(B) of the [FTC] Act,” 15 U.S.C. § 57a(a)(1)(B).

19                                                 Count III

20                               Misrepresentations Associated with a
                   Government Benefit Related to COVID-19 Regarding Obtaining Loans
21
             48.      In numerous instances in connection with the advertising, marketing, or
22
      promotion of PPP Loan Services, Defendants have represented, directly or indirectly, expressly
23
                                                   COMPLAINT

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1     or by implication, that they will obtain PPP loans for eligible consumers who submit PPP loan

2     applications through Womply.

3            49.     The representation set forth in Paragraph 48 is false or misleading or was not

4     substantiated at the time the representation was made.

5            50.     Therefore, Defendants’ representation set forth in Paragraph 48 constitutes a

6     deceptive act or practice associated with a government benefit related to COVID-19.

7                                                 Count IV

8                             Misrepresentations Associated with a
          Government Benefit Related to COVID-19 Regarding Application Processing Time
9
             51.     In numerous instances in connection with the advertising, marketing, or
10
      promotion of PPP Loan Services, Defendants have represented, directly or indirectly, expressly
11
      or by implication, that they will review or process consumers’ PPP loan applications fast, such as
12
      within twenty-four hours.
13
             52.     The representation set forth in Paragraph 51 is false or misleading or was not
14
      substantiated at the time the representation was made.
15
             53.     Therefore, Defendants’ representation set forth in Paragraph 51 constitutes a
16
      deceptive act or practice associated with a government benefit related to COVID-19.
17
                                          CONSUMER INJURY
18
             54.     Consumers are suffering, have suffered, and will continue to suffer substantial
19
      injury as a result of Defendants’ violations of the FTC Act. Absent injunctive relief by this
20
      Court, Defendants are likely to continue to injure consumers and harm the public interest.
21

22

23
                                                  COMPLAINT

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1                                       PRAYER FOR RELIEF

2            Wherefore, the FTC requests that the Court:

3            A.     Enter a permanent injunction to prevent future violations of the FTC Act by

4     Defendants;

5            B.     Award monetary and other relief within the Court’s power to grant; and

6            C.     Award any additional relief as the Court determines to be just and proper.

7

8

9

10    Respectfully submitted,
11
      Dated:  March 18, 2024
             ____________________
12

13     /s/ Julia Heald

14    Julia Heald
      Katherine Worthman
15    Paola Henry
      Federal Trade Commission
16    600 Pennsylvania Avenue, NW
      Washington, DC 20580
17    (202) 326-3589 (Heald)
      (202) 326-2929 (Worthman)
18    (202) 326-2673 (Henry)
19

20

21

22

23
                                                COMPLAINT

                                                    19


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