A series of investigative articles appeared here between September 2016 and January 2017 about SevenFigureCareers, an “executive search firm” that charged people money for job interviews with “private equity” (PE) and “venture capital” (VC) firms.
The articles allege the business, operating out of Texas and California under many names including Private Equity Headhunters, WWEJSS, 7F, 7FigCareers, and PEHHS.COM, is a scam.
In February 2017 Craig Chrest and Worldwide Executive Job Search Solutions, LLC — the owner and operator of SevenFigureCareers — filed suit in New Jersey Superior Court against Ask The Headhunter’s principals, claiming the articles were “false.” Our legal team immediately moved the case to U.S. Federal Court (District of New Jersey) and mounted a vigorous defense. While that case is pending, on advice of legal counsel nothing further has been published here in the interim.
The articles have remained online because the Court affirmed Ask The Headhunter’s First Amendment right to publish.
This special edition of Ask The Headhunter is a reprint of the full text of a U.S. Federal Trade Commission press release issued February 25, 2019, about the FTC’s action against Chrest, Worldwide, and PrivateEquityHeadhunters:
The Complaint filed against Chrest’s businesses by the FTC in U.S. District Court, Southern District of Texas, Houston Division alleges:
Temporary Restraining Order
In addition to freezing Defendant Chrest’s assets and halting his business activities, the Court has ordered that the following statement be displayed prominently on Chrest’s websites relating to his business activities — “any website used by any Defendant in connection with the advertising, marketing, and promotion of any job placement or resume repair services”:
The FTC has also published this post on its Business Blog, offering suggestions to consumers and advising “to do your research before paying for placement services”: “Executive search firm” charged with giving job seekers the business.
There are two legal cases: The action Chrest filed against Ask The Headhunter in 2017 and the FTC’s new action against Chrest.
While the case involving Ask The Headhunter is pending, I will not participate in discussion on this matter — but you are of course welcome to post your comments. When the case is resolved, I will chime in.