Tiran zaken biography

LOS ANGELES (AP) - A California company that promised lucrative returns for a few hours of work at home was fined $25 million on Wednesday for misleading , people to buy into the scheme that almost never paid off.

The Zaken Corp.

sold "wealth building" kits for $ that offered "insider secret techniques" and "powerful proven strategies" to earn $3, to $6, in a few hours of work a week, U.S. District Judge Dean Pregerson said.

Buyers received instructions to locate excess inventory that Zaken was supposed to sell and split the profits.

But percent of customers never earned a dime.

Undisputed facts showed the company made false and misleading statements and failed to provide proper disclosures to consumers, the judge said.

After consumers made initial investments, the company aggressively sold additional business tools.

One such come-on encouraged spending $2, for what was little more than an outdated telephone directory of defunct businesses, the judge wrote.

"Those who take adv