Iowans duped by get-rich-quick scheme

Two out-of-state companies promoting a money making system, are being ordered to stop marketing the system in Iowa.

The Iowa Attorney General's Office took issue with "Wealthperx," formerly called "Lotto Magic" - claiming blatantly fraudulent claims and testimonials.

The AG's office says the defendants, from Florida and California, built a scheme around a lie that by becoming paying members of their system, they'd get a steady stream of income.   

Investigators say the money stream just flowed away from Iowans, not to them.

A Consumer Protection Division review of company data for Iowa members found that they had sent Wealthperx a total of about $130,000, but had received payouts of only about $10,000.


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