Scam Report

Reports

FTC Ends Light Therapy Deception

FTC Ends Light Therapy Deception

The marketers of a low-level light therapy device (LLLT) called Willow Curve will have to stop making alleged deceptive claims that the device treats chronic, severe pain and associated inflammation, under a settlement with the Federal Trade Commission.

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Warning: Stop Misleading Covid Loans

Warning: Stop Misleading Covid Loans

The Federal Trade Commission and U.S. Small Business Administration (SBA) have sent warning letters to six companies that may be misleading small businesses seeking SBA loans as a result of the coronavirus 2019 pandemic.

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$8.7 Million Refund Checks Sent After “Free-Trial” Offers

$8.7 Million Refund Checks Sent After "Free-Trial" Offers

The FTC is mailing refunds totaling more than $8.7 million to 187,425 consumers who signed up online for “risk-free” trial offers, but were then charged full price and enrolled in expensive continuity plans without their knowledge.

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Supplement False Cure Claims Halted

Supplement False Cure Claims Halted

FTC Sends Letters Warning 30 More Marketers to Stop Making Unsupported Claims That Their Products and Therapies Can Effectively Prevent or Treat COVID-19

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CBD and COVID: Scam Alert

CBD and COVID: Scam Alert

The COVID-19 pandemic creates the perfect storm of hopes and fears that dishonest business try to exploit with fake promises of protection and healing. But when these promises are not backed by science

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FTC Warns MLMs on COVID Claims

FTC Warns MLMs on COVID Claims

FTC Sends Warning Letters to Multi-Level Marketers Regarding COVID Health and Earnings Claims The Federal Trade Commission today announced it has sent 10 letters warning multi-level marketing companies (MLMs) to remove and address claims that they or their participants are making about their products’ ability to treat

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Direct Mail Pills Stopped by FTC

Direct Mail Pills Stopped by FTC

The FTC Takes Action to Stop Direct Mail Pill Marketers’ Unproven Health Claims The marketers of three supplements called Neurocet, Regenify, and Resetigen-D have settled a Federal Trade Commission complaint alleging they deceptively promoted their products to older Americans using false claims that their products could stop

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Fake SBA Lender Preying on Small Business

Fake SBA Lender Preying on Small Business

FTC Takes Action to Stop Company Posing as SBA Lender and Preying on Small Businesses The Federal Trade Commission has charged a Rhode Island-based company and its owner with falsely claiming to be an approved lender for a federal coronavirus relief lending program and asked a federal

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Coronavirus Scammers Want Your $$$

Coronavirus Scammers Want Your $$$

You’ve probably heard the news by now – the government is sending out relief checks as part of the federal response to the Coronavirus. Scammers heard the same thing, and they’re hoping to cash in on yours.

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Student Loan Debt? Read This

Student Loan Debt? Read This

Companies pitch their service with incomplete information and outright lies. They tell people that lower payments from an IDR plan will last for 20-30 years when, in fact, the lower payments are only guaranteed for one year

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FTC Tackles Deceptive Cure-All Claims

FTC Tackles Deceptive Cure-All Claims

Health Center, Inc. Settles FTC Allegations That It Targeted Older Consumers With Deceptive Claims for Health and Wellness Products

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Influencers Caught up in Tea Settlement

Influencers Caught up in Tea Settlement

FTC alleges defendants took in more than $15 million by deceptively claiming their array of teas could cause rapid and substantial weight loss, “fight against cancerous cells,” decrease migraines, unclog arteries, and prevent colds and flu.

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FTC Goes After Affiliates in MOBE Case

FTC Goes After Affiliates in MOBE Case

The FTC has gone after several key affiliates of MOBE for their role in swindling consumers out of millions of dollars using false claims and misleading testimonials.

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Investment Training Scam Hit by FTC

Investment Training Scam Hit by FTC

If you’ve ever fantasized about never having to worry about money again, you’re not alone. But before you spend big money for a chance at wealth, read on…

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$3.4M Settlement For Anti-Aging Pill

$3.4M Settlement For Anti-Aging Pill

If you remember nothing else from this post, remember this: sellers that peddle cures must have scientific proof to back up their claims – or they’ll feel the long arm of the law!

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Allegations of Fake Reviews on LendEDU

Allegations of Fake Reviews on LendEDU

Many consumers don’t buy anything without consulting third-party review sites or checking out the opinions of other customers. But how often are those ratings the product of buying and selling between the “independent” site and companies willing to pay for better play?

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The Top Frauds in 2019

The Top Frauds in 2019

During 2019, the FTC received more than 3.2 million reports from consumers. The following are the biggest scams and frauds reported in 2019

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FTC Targets Work-at-Home Scams

FTC Targets Work-at-Home Scams

In theory starting a work-at-home business can give you the flexibility to set your own hours and be your own boss. But when you search online or get ads by email, you’ll often find scammers instead of a real opportunity.

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Court Rules Against Mortgage Relief Scam

Court Rules Against Mortgage Relief Scam

The U.S. District Court for the District of Nevada has ruled in favor of the Federal Trade Commission in a case against the operators of a scheme that deceived financially distressed homeowners by falsely promising to make their mortgages more affordable.

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Chris Hansen: Work at Home Scams

Chris Hansen: Work at Home Scams

In this episode of Scam Report TV, Chris Hansen examines some of the most common Work at Home Scams – scams that are bringing grief, heartache and financial loss to thousands of honest Americans every month.

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Avoiding Credit Repair Scams

Avoiding Credit Repair Scams

There are counselors who can help you with your credit report, and others who take your money but don’t help you. These are the red flags to watch out for

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Is That Debt Collector Scamming Me?

Is That Debt Collector Scamming Me?

While there are many legitimate debt collectors in the financial marketplace, there are also a growing number of scammers who may try to get you to pay on debts that you don’t owe or on debts that don’t even exist.

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False Supplement Claims Halted

False Supplement Claims Halted

The marketers of a dietary supplement called Synovia agreed to settle Federal Trade Commission charges by halting the deceptive tactics they allegedly used to mislead consumers into thinking Synovia could treat arthritis and alleviate joint pain.

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Top 5 Cryptocurrency Scams For 2020

Top 5 Cryptocurrency Scams For 2020

As Cryptocurrency regains popularity with retail investors, so too do cryptocurrency scams. When you know the scams you can easily avoid them

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