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YES. In fact, there's a federal lawsuit brought by the U.S. Government! On Feb. 24, 2011, the Federal Trade Commission raided the offices of Ivy Capital - in CA, AZ, and UT. Ivy Capital's assets have been frozen by federal law enforcement because of false misrepresentations made by telemarketers to customers. Thousands of customers were decevied.

Hopefully, the litigation will result in a judgment that pays back customers for the money that was swindled from them. The first hearing is set to occur in federal court in March 2011.

Read more: Is_Ivy_Capital_Inc_or_Ivy_Capital_LLC_a_legitimate_business

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Q: Are there law suits against Ivy Capital Inc who is based in Las Vegas?
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