Anik Singal Net Worth, Lurn and the FTC Settlement

Anik Singal net worth has never been confirmed by him or by any reliable financial filing, so we do not print a total. Guessing pages attach a fortune to his name. Those pages do not cite a verified statement of his wealth.

Public records do show a 2023 civil case. The Federal Trade Commission sued Lurn, Inc., Singal and two other people. The agency, Lurn and Singal then filed a stipulated order to end the dispute between them.

Dollar figures in the complaint are allegations. The settlement figures are terms those parties agreed to.

Here is what those official papers show, as of November 2026. Marketing claims quoted in the complaint are not treated here as proven income. This page does not invent a personal fortune.

Anik Singal net worth: what is on record

Searches for a single number usually lead to unsourced estimates. We found no interview, securities filing or sworn public statement in which Singal gives a personal net worth. We will not invent one.

Company sales and a civil judgment are not the same thing as a bank balance. Private firms also leave gaps like this.

Marketing companies can post large sales figures without showing a founder’s bank balance. Our Dean Graziosi net worth guide treats his official “$2 billion in sales” line as a company claim, not a confirmed net worth.

Our Russell Brunson net worth guide makes the same point for a privately held software company. Reported revenue is not a confirmed personal fortune.

Who is Anik Singal, and what is Lurn?

Court papers filed on September 27, 2023, name Anik Singal individually and as an officer of Lurn, Inc. The FTC’s complaint identifies him as the company’s chief executive officer and sole owner. It also calls him “the face of Lurn” and says he features prominently in the company’s ads and webinars. It lists him as a resident of Gaithersburg, Montgomery County, Maryland [1].

Those identifications come from the complaint. They are part of the agency’s case. We do not treat them here as independently proven.

A later stipulated order in the same case also names him individually and as an officer of Lurn, Inc. [2].

Lurn, Inc., according to the complaint, is a Maryland corporation. Its principal office is listed at 2098 Gaither Road, Rockville, Maryland 20850. The filing says the company advertised, marketed, distributed and sold e-commerce programs to consumers in the United States and abroad [1].

We did not find a reliable independent biography, in the sources we could fetch, that would add a birth date, schooling or family details. The court record is what this page uses. Unsourced profiles are left out.

What did the FTC complaint allege?

The FTC filed a civil complaint on September 27, 2023, in the U.S. District Court for the District of Maryland. The case number is 8:23-cv-02622-AAQ.

The named defendants are Lurn, Inc., Anik Singal, Tyrone Cohen and David Kettner. The agency asked for an injunction, money relief and other relief under federal consumer-protection law [1].

A summary at the start of the filing makes a large money claim. It alleges that since 2019 the defendants sold programs that purported to teach consumers how to earn substantial income online.

It also alleges that from 2019 through May 2022 the defendants “took approximately $65,000,000 from consumers using deceptive earnings claims.” A later paragraph uses slightly different words. It says that, from 2019 through May 2022, the defendants “took more than $65,000,000 from consumers” [1].

Both figures are allegations in the complaint. They are not a personal net-worth total. They are not findings of the stipulated order.

The same filing breaks out alleged sales from three programs. From 2019 to November 2022, it alleges, the defendants generated about $24 million from “Email Startup Incubator,” $5 million from “Printable Profits,” and $4 million from “Kindle Cash Flow University.” It describes Email Startup Incubator as costing $1,995, Kindle Cashflow University as a $947 course, and Printable Profits as a $1,588 course. It also alleges that consulting programs cost as much as $10,000 each [1].

Those sales and price figures are complaint allegations too. Company intake, even if later proved, would still not be the same as Singal’s personal wealth.

A later fitness-education brand has the same limit. Our Mike Israetel net worth guide treats his RP Strength titles and books as career facts, not as a confirmed personal net worth.

Example marketing claims appear in the complaint as well. The agency says the programs were pitched as ways to make six to seven figures a year through email-based affiliate marketing, $1,000 a day selling eBooks, or six figures a year selling customizable mugs.

It also points to coaching that, it says, purported to let people make hundreds of thousands of dollars and replace day jobs. The agency alleges the defendants lacked proof for earnings claims, that some claims were “flatly fabricated,” and that the marketing used false claims of limited capacity and high demand to push sales [1].

Quoted claims about Singal’s own results are in the complaint too. Those include generating more than $1 million a month or more than $13,700 a day with the program, more than $250 million in sales in 16 years, $16 million in one ten-month period, and a role as principal of six companies with combined revenue of $30 million.

The filing also says those pitches called him a best-selling author. It then asserts that the three books he claimed to have written had sold a little over a thousand copies and grossed less than $10,000, and that he does not use the program to generate more than $1 million a month [1].

All of that is the FTC’s account in the complaint, including its counters to the marketing language. We do not treat the quoted marketing claims, or the complaint’s rebuttals, as independently audited facts.

One section of the filing deals with a 2021 warning. It alleges that on October 26, 2021, the FTC sent Lurn Notices of Penalty Offenses Concerning Money-Making Opportunities and Testimonials, and that Lurn and Singal kept using deceptive or unsubstantiated earnings claims after those notices. It also alleges that, since at least 2009 and through the date of the complaint, the defendants sold e-commerce programs and related products, and marketed them through the internet, email, YouTube, social media and telemarketing [1].

Cohen is identified in the complaint as the creator and spokesperson for Kindle Cashflow University. Kettner is identified as the creator and spokesperson for Printable Profits.

The stipulated order discussed below resolved the matter as between the Commission and Lurn and Singal. We do not describe any separate outcome for the other named defendants [1][2].

What did the FTC settlement require?

This was a civil case, not a criminal prosecution. The papers do not record a conviction. On the same day the complaint was filed, the Commission and defendants Lurn, Inc. and Anik Singal filed a stipulated order “to resolve all matters in dispute in this action between them” [2].

Findings in that stipulated FTC settlement are careful about fault. Lurn and Singal “neither admit nor deny any of the allegations in the Complaint, except as specifically stated in this Order.” They admit, only for this case, the facts needed to establish the court’s power to hear it. Counsel for the defendants dated the stipulation July 28, 2023 [2].

The copy filed as Document 9-1 still has a blank judicial signature line. The entry date is left open (“SO ORDERED this day of , 2023”).

The account below describes the terms Lurn and Singal agreed to in that filing. It is not a later docket event we have not reviewed [2].

Under those terms, a judgment of $14,077,121 is entered in favor of the Commission against Lurn and Singal, together, as money relief. They are ordered to pay the Commission $2,500,000, which their counsel said was held in escrow for that payment, within seven days of entry of the order. After that payment, the rest of the judgment is suspended, subject to conditions in the order [2].

That suspension, the order says, depends on sworn financial statements being true, accurate and complete. The list includes the Financial Statement of Anik Singal signed on May 22, 2023, a Financial Statement of Lurn, Inc. signed by Richard Ruggiero on March 28, 2023, and an updated Lurn statement signed by Singal on May 23, 2023.

The contents of those statements are not spelled out in the order. We do not invent them [2].

The order also sets lasting limits on sales claims. Lurn and Singal are barred, when promoting or offering goods or services, from making earnings claims unless the claims are not misleading, they have a reasonable basis and written proof, and, when claims concern specific people, they clearly disclose typical customer results and have written support for those typical results. The order also bars specified false statements and, in telemarketing, misrepresenting earnings potential or profits [2].

Customers were to get a notice as well. Within seven days of entry, Lurn and Singal were to email the Attachment A text to people who bought goods or services marketed or sold by Lurn at any time between May 1, 2019, and the date of entry.

The required subject line is “What the FTC Settlement Means for Lurn Customers.” The draft notice states that the FTC “has sued and reached a settlement with Lurn, Inc., Anik Singal, and others.” It also says the company is “pleased with the settlement with the FTC.” That notice is part of the stipulated papers. It is not a separate admission of the complaint’s charges [2].

A local outlet published the agency’s own announcement the next day. On September 28, 2023, The MoCo Show ran the text “Per the FTC.” In that announcement, as published there, the agency said Lurn, Singal, Cohen and Kettner had agreed to court orders, and that Lurn and Singal would turn over $2.5 million to the FTC to be used for consumer refunds.

The same text said the Commission voted 3-0 to authorize filing the complaint and stipulated final order. A closing note said a stipulated final order has legal force only after a district judge approves and signs it [3].

Private course businesses often leave no public total either. Our Aaron Peckham net worth guide follows another founder whose company does not publish revenue, and likewise declines to invent a figure.

Anik Singal and the FTC case timeline

Dated items taken from the complaint, the stipulated order and the FTC announcement as published locally.

Checked facts

Claims about his money spread quickly. Here is where each one stands.

Sources

1. Federal Trade Commission complaint, FTC v. Lurn, Inc., Anik Singal, et al., U.S. District Court for the District of Maryland, Case No. 8:23-cv-02622-AAQ, Document 1, filed September 27, 2023 (defendant identifications, alleged $65 million and program-sales figures, alleged marketing claims, October 26, 2021 notices, Cohen and Kettner)
2. Stipulated Order for Permanent Injunction, Monetary Relief, and Other Relief, same case, Document 9-1, filed September 27, 2023 (neither admit nor deny; $14,077,121 judgment; $2,500,000 payment and suspension; earnings-claim limits; financial-statement dates; July 28, 2023 counsel date; customer notice from May 1, 2019, with the subject line “What the FTC Settlement Means for Lurn Customers”; Attachment A; blank judicial signature line)
3. The MoCo Show, Patrick Herron: publication of the FTC announcement in the Lurn/Singal case (September 28, 2023; “Per the FTC”; agreed court orders; $2.5 million for consumer refunds; 3-0 Commission vote; closing note that a stipulated final order has legal force only after a district judge approves and signs it)

ZeeWrote covers celebrity families for Stars Families, checking every fact against published interviews, records and trusted outlets.