On May 28, the California Attorney General announced approximately $1.5 million in judgments against a company and four individuals (defendants) charged with allegedly operating a telemarketing scheme that offered fake investment recovery services. According to the Attorney General’s office, the defendants allegedly made false and deceptive claims to investors, many of whom were elderly, that the company could recover money lost from previous investments for an up-front fee of several thousand dollars. The terms of the judgments include $930,800 in combined civil penalties and $567,774 in restitution, and permanently enjoin and restrain the defendants from, among other things, making false or misleading statements in connection with telemarketing transactions. The Attorney General’s announcement also disclosed the recovery of nearly $25,000 in victim restitution pursuant to a bond issued to the company under California’s Telephonic Sellers Law.