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Inventhelp Scam
A Pennsylvania class action lawsuit claims InventHelp is a scam, preying upon low income people, often minorities, and either does nothing or delivers subpar work.
According to the lawsuit, the InventHelp scam goes like this: At the initial visit, inventors are told their invention is original and potentially highly profitable, even when similar products already exist in the marketplace. Then InventHelp charges thousands of dollars to commercialize their invention, offering a high-interest loan if they canβt afford those steep fees. Using high-pressure tactics such as βtoday is the very last day of a special or promotion that will save hundreds or thousands of dollars,β they are told they must sign immediately before they leave the office. Once the money is in hand, InventHelp disappears and dodges calls for months or years. Eventually they resurface, claiming a company is now interested in licensing or manufacturing their invention. After charging thousands more to arrange licensing or manufacturing deals, InventHelp once again disappears. After which, the inventors later discover that the supposedly interested companies never even existed.
The lawsuit demands compensatory damages of $72 million, restitution and monetary damages, interest, costs, reasonable attorneysβ fees, and permanent injunctive relief against InventHelp to correct their practices to comply with consumer protection laws.
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