California settles with Internet travel business YTB

by louabbott on May 15, 2009

Los Angeles Times – CA, USA 5/15/2009

YTB International agrees to pay $1 million in penalties, attorney costs and restitution to consumers. The settlement … would prohibit the company from charging customers $450 each to buy a personalized website and about $50 a month to operate it … Chief Executive Scott Tomer predicted that the settlement could help YTB to “emerge a better company” by updating its franchise model while maintaining an effective sales incentive program.

Whole story at: LATimes.com

Also, see our overview at: YTB Facts, News and Review

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