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Publishing.com sells $ 2,000 courses and tools for the publication of AI infield books.
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Public records obtained by Business Insider reveal the FTC investigation into the company.
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It was founded by Rasmus and Christian McCulls, and was told that in 2022 it made $ 50 million.
Public records obtained by Business Insider have revealed the Federal Trade Commission investigation into Publishing.com, a company that sells AI infield books.
The company, which was reported to have earned about $ 50 million in 2022, receives $ 2,000 to teach users how to produce books and e -books with the help of Gust Writers and artificial intelligence software Do It has been checked for its role in the flood Amazon AI has been the subject of complaints with infiltrated materials and several consumer complaints, accused of having difficulty obtaining high pressure sales tactics and refunds.
Investigations by FTC often target companies that are suspected Consumers to cheat Through fraud marketing, invisible fees, or unfair refund policies. The agency can discuss the settlements and receive fines and judicial orders that force the business to change its methods or return the money to consumers.
Business internal learned about the investigation through a database of public contracts, which revealed the name of Publishing.com and said that the FTC hired an expert witness. When the BI contacted the FTC, it removed the company’s name. Partially the Radactic Scop of Commerce statement confirmed that the contract was for investigation, though it did not provide any details about the investigation itself.
The FTC refuses to comment.
When a briefing was given about BI reporting, two former FTC officials said it was unusual for the FTC to make a budget of tens of thousands of dollars for a witness unless the investigation was implemented. It is considered. “They should have a good idea what they want and what they want to establish,” said a former official.
In 62 complaints to the Freedom of Information Act, Publishing.com users-some of them said they spent more than 000 7,000 on courses and other content-the company said The company sold them in the program during high pressure sales calls, while how much money would cost to make money from unclear self -publishing books.
A customer wrote in the complaint, “They ask for a permanent use of credit cards, taking money, to afford this program to borrow themselves.” Others said that refund is difficult or impossible.
Publishing.com was founded in 2019 by twin brothers Christian and Rasmus McLeak. The company and its products have also been run by publishing life, Audio Bock Income Academy, and AI Publishing Academy.
On social media and in it News coverage29 -year -old McCullson describes himself as a billionaire digital nomads who have broken the secret in relation to the hidden income.
On its website, the company shares positive social media reviews and interviews with successful students, some of which claim that they have created more than six personalities themselves. In a withdrawal, the company says the average income of 1,119 students in the January 2024 survey was $ 1,801 a month – or $ 21,612 annually – in gross royalty.
Initially, after recognizing the request for BI’s interview, Publishing.com Chief Operating Officer Michael Ohwan did not respond to follow -up messages. McCulls did not respond to emails.
Vox wrote last year that the twin children had helped to drive a low -price economy Online slopes. In 2018, Amazon briefed the twin children’s capacity to sell on its platform when it was found that they were running books through Google and replicating them for sale, Inc. Magazine reported McLeak in the twin children in 2023. The story states that publishing.com was one of the fastest growing companies in the United States.
Read on the original article Business Internal