Federal Trade Commission v. Infusion Media, Inc. et al

Filing 157

ORDER Granting 133 Motion to Enter Judgment Holding Defendant Jonathan Eborn Liable for Full Monetary Judgment. Signed by Chief Judge Gloria M. Navarro on 6/4/2014. (Copies have been distributed pursuant to the NEF - SLR)

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1 2 3 4 5 6 7 8 9 BENJAMIN J. THEISMAN btheisman@ftc.gov, (202) 326-2223 MICHAEL J. DAVIS mdavis@ftc.gov, (202) 326-2458 FEDERAL TRADE COMMISSION 600 Pennsylvania Ave. NW, M-8102B Washington, DC 20580 Fax: (202) 326-2558 BLAINE T. WELSH Assistant United States Attorney Nevada Bar No. 4790 333 Las Vegas Boulevard South, Suite 5000 Las Vegas, Nevada 89101 Attorneys for the Plaintiff 10 UNITED STATES DISTRICT COURT DISTRICT OF NEVADA 11 12 13 14 15 16 17 FEDERAL TRADE COMMISSION, ) ) Plaintiff, ) ) v. ) ) INFUSION MEDIA, INC., et al., ) ) Defendants. ) _______________________________________) [Proposed Order] [PROPOSED] ORDER HOLDING DEFENDANT JONATHAN EBORN LIABLE FOR FULL MONETARY JUDGMENT 18 19 Case No. 2:09-cv-01112-GMN-VCF Having considered the Federal Trade Commission’s Motion to Enter Judgment Holding 20 Defendant Jonathan Eborn Liable for Full Monetary Judgment, the Court finds and rules as 21 follows: 22 WHEREAS, the Stipulated Final Judgment and Order for Permanent Injunction and 23 Other Equitable Relief as to Infusion Media, Inc.; West Coast Internet Media, Inc.; Two 24 Warnings, LLC; Two Part Investments, LLC; Platinum Teleservices, Inc.; Jonathan Eborn; 25 Stephanie Burnside; Michael McLain Miller; and Tony Norton (“Final Order”), D.E. 74, 26 suspended a portion of the monetary judgment against Defendant Jonathan Eborn based on, 27 among other things, true, accurate, and complete financial statements. Final Order § VIII. 28 1 1 WHEREAS, Eborn made material misrepresentations on and omitted material 2 information from his financial statements, including the following: (1) failing to report at least 3 $61,519 in cash; (2) misrepresenting his control over other businesses; (3) failing to accurately 4 report his income or his assets parked with third parties, thus hiding at least $274,828.80; and (4) 5 misrepresenting his real and personal property, including his failure to accurately report his 6 residence and his acquisition of over $33,100 in personal property. WHEREAS, the Final Order states that if any Defendant made any material 7 8 misrepresentations or omissions on their financial statements, the Court, “without further 9 adjudication, shall enter a modified judgment holding the offending Defendant(s) liable to the 10 Commission in the amount of $29,497,320.57 for consumer redress, less any amounts turned 11 over to the” Federal Trade Commission pursuant to Section VI of the Final Order. Final Order § 12 VIII.B. 13 14 15 WHEREAS, pursuant to Section VI of the Final Order, the Defendants turned over to the Federal Trade Commission $2,525,394.07 in assets. IT IS HEREBY ORDERED, that judgment be entered against Eborn in the amount of 16 $26,971,926.50. This amount is accruing interest from October 4, 2010, at the rate prescribed 17 under 28 U.S.C. § 1961, as amended. IT IS SO ORDERED. 18 19 20 ________________________________ UNITED STATES DISTRICT JUDGE 21 June 4, 2014 DATED:_________________________ 22 23 24 25 26 27 28 2

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