August 7, 2003
Business Settles Fraud Case
A business charged with fraudulently selling consumers lists of foundations that supposedly offered grants to individuals has agreed to pay the government $296,000 and halt its operation, under a settlement with the Federal Trade Commission.
The business, which operated under two names -- Grant Search, of Ashland, Ore., and Grant Pac, of Sedalia, Mo. -- used direct mail, classified ads, and the Internet to sell lists of charitable foundations it claimed would award grants to
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