State of Idaho Office of the Attorney General

08/27/2026 | Press release | Distributed by Public on 08/27/2026 11:38

AG Labrador Wins Settlement Against Fraudulent Investment Business

Home Newsroom AG Labrador Wins Settlement Against Fraudulent Investment Business

BOISE, ID - Attorney General Raúl Labrador announced a settlement with Tactical Traders LLC, an Idaho business that sold subscriptions to online educational programs about day trading. The settlement concludes the Attorney General's investigation into allegations that Tactical Traders and its owner, Justin Werlein, violated the Idaho Consumer Protection Act, which prohibits false or deceptive advertising.

"Protecting Idaho families from deceptive marketing is a priority for my Consumer Protection Division," said Attorney General Labrador. "The people of Idaho established the Idaho Consumer Protection Act for this very reason, and my office will hold bad actors accountable to keep the marketplace safe for legitimate businesses and consumers."

In his advertisements for Tactical Traders, Werlein falsely claimed that he went from delivering pizzas to earning over $700,000 in profits as a day trader. Day trading is a fast-paced, high-risk process that involves buying and selling financial assets within the same day. Werlein admitted publicly in early 2026 that he never made any profits as a day trader. He then closed Tactical Traders and removed his online training videos and materials.

The Attorney General received 13 complaints from consumers who paid Tactical Traders for access to its mentorship and educational programs. Consumers alleged Werlein misled them about his trading successes and failed to deliver their purchased services. Throughout the investigation, Werlein expressed remorse and was cooperative with investigators.

The settlement prohibits Werlein from opening a similar business in the future and requires him to pay refunds to consumers who:

  1. paid Tactical Traders for access to its mentorship programs, coaching services, educational materials, trading communities, and other trading-related goods and services;
  1. did not have access to the purchased educational coaching or mentorship program(s) during the subscription period because Tactical Traders closed;
  1. did not receive a full or partial refund from Tactical Traders or a third-party payment platform; and
  1. did not receive a full or partial credit card chargeback or other payment.


Consumers who believe they meet the above eligibility requirements should file complaints with the Attorney General at www.ag.idaho.gov. The office will review all complaints and contact consumers if the office needs more information. The deadline to file a complaint is October 12, 2026. Consumer questions regarding the complaint process should be directed to [email protected].

State of Idaho Office of the Attorney General published this content on August 27, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on August 27, 2026 at 17:38 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]