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FRONT PAGE  |  5/22/2015
FRIDAY, MAY 28, 2004
Drug discount site a scam, FTC says
A Web site that promised prescription drug discounts tried to drain $10 million out of checking accounts belonging to 90,000 consumers, and move that money to a private bank account in Cyprus, the Federal Trade Commission alleged Thursday. In a lawsuit filed in federal court in Nevada, the FTC alleges PharmacyCards.com regularly withdrew the funds from consumers' bank accounts without their knowledge, $139 at a time.

MSNBC.com and KNTV, in a joint investigation, first reported on the alleged scam back in March.

U.S. District Court Judge Robert Clive Jones on Wednesday issued a temporary restraining order to stop the alleged scam and freeze the defendants' assets while the FTC pursues additional legal actions.

Consumers from all around the country were hit with the scam, the FTC says. Account owners told MSNBC.com that they'd never even heard of PharmacyCards.com until they spotted the ...


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