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Aug 29, 2008 9:36 am US/Pacific

Brothers Must Sell Exotic Cars As Settlement

RIVERSIDE (AP) ― The joyride is over for two Southern California brothers who must sell exotic cars as part of a Federal Trade Commission settlement of an online get-rich scheme.

The FTC says Eric Louie of Corona and Calvin Louie of Lake Elsinore cheated 50,000 people out of nearly $5 million with get-rich-quick Web sites like Fastcashathome.com and Moneymakingsecret.com.

Consumers paid $47 to $129 each to become members.

The brothers' $90,000 Lamborghini Gallardo coupe and a $230,000 Ferrari F430, plus $350,000 cash, are now being forfeited as part of an Aug. 19 federal court settlement.

(© 2008 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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