Scams

FTC Returns More Than $930,000 To Consumers Who Bought Teami’s Deceptively Advertised Teas

The Federal Trade Commission is returning more than $930,000 to consumers who bought tea products that Teami marketed and sold using allegedly deceptive health claims. The FTC sued Teami, LLC and its owners in March 2020, charging that the company made bogus health claims and paid for endorsements from well-known social media influencers who did not adequately …

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FTC Charges Florida-based Sellers for Deceptively Marketing “Extended Auto Warranty” Programs

Since 2018 the defendants have bilked consumers out of more than $6 million The Federal Trade Commission is taking action in federal court against a Florida-based group of defendants it alleges have called hundreds of thousands of consumers nationwide to pitch them expensive “extended automobile warranties” using deceptive telemarketing tactics. According to a complaint filed in federal district …

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Auto Marketer Banned For Misleading Consumers Regarding Government Stimulus.

A marketing services company and its owner will be banned from the auto industry under an Order issued by the Federal Trade Commission after the Commission found that they illegally misled consumers to believe their websites were affiliated with a government stimulus program and sent consumers deceptive mailings about prizes they had supposedly won. In …

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The FTC reports a dramatic rise in cryptocurrency scams

Cryptocurrency has gotten lots of attention as a new way to invest. But here’s the thing: scammers are taking advantage of people’s understanding (or not) of cryptocurrency investments, and how they work. And younger people are losing big. In fact, the FTC’s new data spotlight shows that, since October 2020, nearly 7,000 people reported losses …

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