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New York company agrees to pay restitution for psychic fraud

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June 19th, 2015 by Ric Hanson

DES MOINES, Iowa (AP) — A New York City company the Iowa attorney general says was running a fraudulent psychic mail campaign targeting elderly Iowans has been ordered to pay $200,000 to a state consumer protection fund.

Court documents filed Friday say Faircom New York Inc. and company senior account director Audrey Corvino agreed to the restitution and will permanently halt mailings to Iowans. Faircom was further ordered to ensure that no one else uses Iowa mailing lists it compiled.

Attorney General Tom Miller says the company helped fraudulent operators in Switzerland, France, and the United Kingdom distribute mailings to older Iowans and people in other states promising psychics would miraculously deliver health, wealth and happiness for a fee of $20 to $35. He says Faircom acknowledges helping with hundreds of thousands of mailings nationwide.