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Four Corner Network, Inc.
Information by Research TrustFinance
Founded around 2013, Four Corner Network, Inc., operating as Four Corners Alliance Group, presented itself as an online multi-level marketing company that sold financial education products, including e-books and newsletters. The company's primary focus, however, was on its compensation plan, which heavily incentivized the recruitment of new members over the sale of its products. In December 2017, the U.S. Securities and Exchange Commission (SEC) charged the company and its principals with operating a fraudulent pyramid and Ponzi scheme, which specifically targeted the deaf and hard-of-hearing community. The SEC's actions effectively halted the company's operations.
United States
Industry
Financial