Storesonline Inc., which also operates under the name Imergent Inc., will pay $130,000 to the state and to consumers after allegedly overcharging to set up online businesses or create Web sites for existing companies.
The agreement settles allegations that the company’s online businesses made exaggerated and deceptive claims regarding its virtual storefronts.
Under the settlement, Storesonline Inc. will pay the state $65,000 and another $65,000 in restitution to Connecticut consumers who bought its services. Attorney General Richard Blumenthal estimates 10 to 12 consumers will be eligible for payments.
“This settlement bars Storesonline Inc. from making exaggerated and deceptive claims about its products and requires restitution to consumers,” Blumenthal said in a statement. “I urge consumers attending this company’s seminars to ask tough questions and demand honest answers. Remember: if it sounds too good to be true, it probably is.”
