The beautycounter.com fraud case has hit a new low, with the California Attorney General’s office announcing it has dropped its investigation.
The attorney general’s office announced Thursday that it dropped its probe of the fraudsters behind the beautycounter website.
The company is owned by billionaire Peter Thiel, and the Attorney General said it has reached an agreement with Thiel’s company to stop pursuing the case.
The investigation was opened in December 2018 after two of the people accused of running the site admitted they had used it to make false promises.
The attorneys general’s announcement is a major blow to the beauty counter’s business.
The site was once a favorite of online shoppers, with hundreds of thousands of people shopping at the store every day.
Now, it is being targeted by fraudsters who are using its name to scam people into paying up for expensive beauty products.
The fraudsters have used the name beautycounter to try to get people to pay more than $1,500 for their makeup products.
The fraudsters also used the domain name to get customers to buy makeup.
“The beautycounter name has become a source of legitimate sales fraud and is used by individuals, small businesses and other entities to prey on unsuspecting consumers who are lured into fraudulent schemes through the use of the beauty store name,” said Jeff Miller, a spokesman for the attorney general.
“While we were able to prove that the beautystore website was used to make fraudulent offers to pay for cosmetics, we have concluded that the name and logo do not represent the business.
As a result, the Attorney Generals office will no longer pursue the case.”
In its announcement, the attorney generals office said it was still reviewing the case and it would review the details of the agreement it reached with Thiel.
In the last few months, the beauty counters’ business has suffered, with people buying makeup and cosmetics and reselling them on the site.
The attorneys general said it would be working with the Beauty Counter Association, which represents beauty counter operators, to develop a plan to get the frauders off the site and to stop using the beautyco.com domain name.