Latest / Money, Trust and Deception
Buy the Store. We Do the Work. You Collect the Profit.
AO Elite sold an extraordinarily attractive idea.
Pay the company an upfront fee, and its team would build and operate an e commerce storefront for you. Prospective customers were told AO Elite had already built hundreds of stores, generated one hundred twelve million dollars for clients, and could deliver guaranteed profit margins.
The success story even appeared to have testimonials behind it.
But federal prosecutors said those representations were false. Customers paid for businesses that were never delivered, while their money helped fund the owner's salary, luxury homes, and vehicles…
The skinny
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