AUSTIN – The
Office of the Attorney General (“OAG”) secured a $10.76 million Final
Judgment and Permanent Injunction against BINT Operations LLC
(“Blessings in No Time”) and its owners, LaShonda and Marlon Moore of
Frisco, Texas, for the perpetration of an illegal pyramid scheme.
By
deceptively marketing itself as a faith-based wealth building
organization, Blessings in No Time scammed consumers out of tens of
millions of dollars. During the Covid-19 pandemic, the Moores promised
to “bless” participants with large sums of money in exchange for
up-front monetary contributions. The scam falsely promised investment
returns as high as 800 percent. The couple, who had appeared on a
reality show on the Oprah Winfrey Network, invoked the affiliation to
enhance the appearance of credibility. The Moores scammed nearly 8,000
consumers in Texas and across the country.
In June 2021, Attorney General Ken Paxton filed
the initial lawsuit against BINT Operations LLC for promoting and
operating the illegal scam. The $10.76 million judgment secured by the
state of Texas is a critical step toward bringing the Moores to justice
for taking advantage of unsuspecting victims, many of whom cited
financial distress due to the economic upheaval associated with the
Covid-19 pandemic.
As
part of the $10,760,000 judgment secured by the OAG, and enforcement
actions taken by the Federal Trade Commission and the State of Arkansas,
Defendants will pay up to $2,500,000, and no less than $450,000, for a
Texas-administered fund that will assist victims of the Moores’
“Blessings in No Time” pyramid scheme.
To review a copy of the Parties’ Joint Motion for Entry of Agreed Final Judgment with Permanent Injunction, click here.
###
