Tag Archive for FTC

FTC Settlement against Fortune Hi-Tech Marketing’s deceptive practices

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Another pyramid scheme that targeted immigrant communities is exposed. FTC Settlement Bans Pyramid Scheme Operators From Multi-Level Marketing. In January 2013, the FTC and the states charged the Fortune Hi-Tech Marketing (FHTM) defendants with deceiving consumers by claiming they would earn significant income through selling various products and services if they signed up as FHTM…

Jury took only 45 minutes to find Trudeau guilty

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Update to the Kevin Trudeau jail watch: In Jail TV pitchman Kevin Trudeau found guilty of contempt, ordered held – chicagotribune.com. On Tuesday, a federal jury wasn’t buying what Trudeau was selling. The panel of six men and six women deliberated just 45 minutes before finding the controversial author guilty of criminal contempt of court…

Can Kevin Trudeau talk his way out of jail? (UPDATE: Released from jail)

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Right where he belongs. Infomercial king Kevin Trudeau thrown in jail after lavish spending The 50-year-old convicted fraudster was jailed Wednesday by U.S. Judge Robert Gettleman, who finally lost patience with Trudeau’s repeated claims of poverty. “This is not an infomercial — you can’t talk your way out of this” Gettleman told Trudeau after the…

Skechers still sketchy with shoe marketing

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In an update to this settlement for making unfounded claims… Skechers pays up for Shape-ups. The Federal Trade Commission is mailing 509,175 refund checks to purchasers of Shape-ups and other so-called toning shoes from Skechers after the company agreed to pay a $40 million settlement. The FTC said that Skechers (SKX) was paying the price for having…

BUH BYE, Rachel from Cardholder Services

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I can’t even count the times this extremely annoying robocall was logged to my home AND cell phones. I’m very glad this scam’s been rubbed out. FTC Hangs Up On “Rachel From Cardholder Services”. For several years, American consumers have been receiving unwanted robocalls with a recorded message from “Rachel” or one of her fictional…

Skechers settles deceptive claims charge for $40 Million over toning shoes

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Skechers Will Pay $40 Million to Settle FTC Charges That It Deceived Consumers with Ads for “Toning Shoes”. The Federal Trade Commission announced that Skechers USA, Inc. has agreed to pay $40 million to settle charges that the company deceived consumers by making unfounded claims that Shape-ups would help people lose weight, and strengthen and…

FTC continues their crackdown on fake sites to promote deceptive health claims

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FTC Permanently Stops Two More Operations Charged with Using Fake News Sites to Deceive Consumers about Acai Berry Products, Defendants will Pay Nearly $1.5 Million to Settle Charges. Two more online marketers have agreed to settlements with the Federal Trade Commission that will permanently halt their allegedly deceptive practice of using fake news websites to…

FTC shuts down fake news sites that advertise dubious health claims

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FTC Permanently Stops Six Operators from Using Fake News Sites that Allegedly Deceived Consumers about Acai Berry Weight-Loss Products Alleged Fraudulent Affiliate Marketers will Surrender Assets under Settlements Six online marketers agreed to settlements with the Federal Trade Commission that will permanently halt their allegedly deceptive practice of using fake news websites to market acai…

FDA and FTC send nastygrams to makers of homeopathic HCG diet products

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FDA, FTC act to remove “homeopathic” HCG weight loss products from the market The U.S. Food and Drug Administration and the Federal Trade Commission (FTC) today issued seven Warning Letters to companies marketing over-the counter (OTC) HCG products that are labeled as “homeopathic” for weight loss. The letters warn the companies that they are violating…

Shall we have a pity party for Trudeau?

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TV pitchman Trudeau loses appeal of $37.6 million fine Infomercial pitchman Kevin Trudeau lost his bid to throw out a $37.6 million fine for violating a 2004 Federal Trade Commission settlement over his advertising and a federal appeals court said the amount might even be too low. Trudeau argued that U.S. District Judge Robert Gettleman…