Feds Close Agoura Hills Company

The Federal Trade Commission (FTC) shut down an Agoura Hills company accused of making 370 million illegal telemarketing calls in the last year.

A federal judge has also frozen the companies assets in conjunction with the investigation.

The FTC alleges that SBN Peripherals, Inc., located on Agoura’s Cornell Road, made millions of telemarketing calls selling worthless credit card rate reduction schemes and extended automobile warranties.

The FTC claims these calls were delivered on behalf of sales companies that were clients of SBN. These clients have previously been sued by the commission or the California attorney general for fraudulent sales activities.

Pre-recorded messages were made to households claiming that SBN had urgent information about their credit card rate. If the consumer inquired about more information, they were redirected telemarketers who would attempt to sell inferior products and services.

It is illegal to make pre-recorded telemarketing calls- also known as “robocalls”- to households that participate in the National Do Not Call Registry.