Company announcements, direct sales updates and archived press coverage associated with BurnLounge.
According to FitsNews.com, former Burnlounge founder Rob DeBoer is now launching a new venture called cPrime which markets magnetic wristbands to athletes, claiming they will help them perform better athletically... From FitsNews.com: 'Three years after he was implicated in the BurnLounge pyramid...
Read full storyThe federal lawsuit that alleges former USC football star Rob DeBoer was involved in the pyramid scheme is in the hands of a judge. Testimony recently ended in the case over Burnlounge, a New York online music store operator that attracted many investors from the Columbia area. The Federal Trade ...
Read full storyHave you ever wanted to be a snarky record store clerk like the ones in High Fidelity, recommending the choicest cuts to a grateful and adoring public? People's Music Store lets you set up your own online storefront to sell up to 50 DRM-free albums from a decent range of high-quality electronica,...
Read full storyThe Federal Trade Commission (FTC) has announced that one of the operators of BurnLounge, a digital music distribution service the agency had determined was actually a pyramid scheme, has settled charges and agreed to give up $20,000 in ill-gotten gains. The FTC charged BurnLounge in June 2007 wi...
Read full storyYou may remember a site called BurnLounge, which charged users upfront for a chance to make money selling other peoples' music, like a digital music version of Amway. If your reaction to BurnLounge was anything like mine, you quickly became frustrated by chirpy, overenthusiastic strangers infiltr...
Read full storyOnline music retailer denies judge's allegations of pyramid scheme A federal judge has ordered online music retailer BurnLounge to turn over its financial records and do away with a major part of its business plan that he called a 'classic pyramid scheme.' The New York company agreed to a prelimi...
Read full storyOrder Allows Company to Continue Operation of New Model Unimpeded BurnLounge, the world's first fan driven digital download community, has come to a cooperative agreement with the Federal Trade Commission based on its recent decision to eliminate the network marketing portion of its business. 'Th...
Read full storyDigital music store provider BurnLounge announced on Thursday that it has come to a cooperative agreement with the Federal Trade Commission (FTC), which several weeks ago branded the company's business model a pyramid scheme. Since the FTC filed its complaint, BurnLounge announced that it would a...
Read full storyBurnLounge CEO Alex Arnold has resigned from the multilevel music store company after the FTC branded the company a pyramid scheme and is seeking ot shut down. BurnLounge co-founders Ryan Dadd and Stephen Murray along with the company's board unanimously approved the appointed of Alex Arnold's su...
Read full storyFormer USC football star Rob DeBoer confirmed Friday he has been sued by the Federal Trade Commission for his involvement with an online music retailer that is accused of being a pyramid scheme. DeBoer said he is a retailer for Burnlounge, selling digital music on the Internet and the opportunity...
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