Oooh

"At the time of its bankruptcy filing in April, the company reported liabilities of between $50 million and $100 million, including the promised prizes. Assets totaled only between $1 million and $10 million, leaving it with little chance of paying its past winners.

In fact, its filing lists 10 prize winners among the 20 largest unsecured creditors, although the names and addresses of those winners are redacted. "

#bankruptcy #publishersclearinghouse

#PublishersClearingHouse #bankruptcy

From CNN.com: Publishers Clearing House’s bankruptcy means ‘forever’ winners will no longer get paid

https://www.aol.com/articles/publishers-clearing-house-bankruptcy-means-110005037.html

Publishers Clearing House’s bankruptcy means ‘forever’ winners will no longer get paid

For nearly 60 years, Publishers Clearing House had been known for changing individuals’ lives, fulfilling their dreams with prize money it promised would kee...

AOL
@Christo_459 Some misguided status symbol no doubt.
Seems some of the #PhoneScammers think they're seen that way as well. I've had a couple this week, one claiming I'd won a #PublishersClearingHouse sweepstake of $15,000,000 USD plus a Ford 150 pickup, and the other a mere $990,000 plus a GMC pickup. Don't know why they think a pickup truck would be attractive; clearly they don't think their potential marks care about #GlobalHeating.

Busted! They repeated sent unwanted magazines and products to my 100 yo mother!

#PublishersClearingHouse, the direct marketing company that uses #Sweepstakes to sell magazine subscriptions, agreed on Monday to pay $18.5 million to settle a lawsuit brought by the Federal Trade Commission, which accused the company of using what’s known as dark patterns to trick customers into paying for products or giving up their data."
#FTC
https://www.nytimes.com/2023/06/26/business/publishers-clearing-house-dark-patterns-lawsuit.html

Publishers Clearing House Settles ‘Dark Patterns’ Suit for $18.5 Million

The case comes less than a week after the Federal Trade Commission sued Amazon, which was accused of similar deceptive practices.

The New York Times

Did you know that Publishers Clearing House has a search tool? Let's check the logs...

https://thenewleafjournal.com/leaf/publishers-clearing-house-search-in-logs/

#search #searchengine #bing #PublishersClearingHouse

Publishers Clearing House Search in Logs

The New Leaf Journal receives many refers from Google, DuckDuckGo, and Bing. PCH Search, standing for Publishers Clearing House, is a bit less common.

The New Leaf Journal