Upside LLC, a California merchant processing company used to open credit card processing accounts connected with the alleged Digital Altitude fraud case, has consented to a permanent injunction and fine of $140,983.
The injunction bars the company from misrepresentations, misleading statements and fraudulent behavior.
The FTC alleges the company was set up to mislead processors into providing financial services to Digital Altitude.
Upside’s former principal, Mary Dee of Fort Worth, is still fighting the case.