The Federal Trade Commission (FTC) recently released its analysis showing that the number one way scammers have extracted money from defrauded consumers is through gift cards. In its press release,
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Fox Rothschild LLP
National Advertising Division Creates Fast Track Program
In a break from issues relating to the coronavirus, the Better Business Bureau’s National Advertising Division (NAD) has recently instituted a quicker dispute resolution process, called Fast-Track SWIFT, with SWIFT…
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FTC Sends New Round of Warning Letters to Companies for Claiming Products can Treat Coronavirus
The Federal Trade Commission (FTC) recently announced that it had sent warning letters to ten additional companies for making claims that their products could treat or prevent coronavirus, which included…
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FTC and FDA warn companies about making unsupported claims that products can prevent or treat coronavirus
As the effects of coronavirus continue to ripple across the globe, the Federal Trade Commission (FTC) and Food and Drug Administration (FDA) have warned seven companies for purportedly “making deceptive…
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FTC Reports Consumers Lose $201 Million to Romance Scams in 2019
Earlier this month, the FTC revealed that consumers have lost over $200 million to “romance scams” in 2019, which is up nearly 40% since 2018, and is six times higher…
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FTC Finalizes Sending Refund Checks to Consumers Allegedly Deceived by Subscription Snack Service
The Federal Trade Commission (“FTC”) recently sent out settlement checks to consumers who were allegedly deceived by UrthBox, Inc. (See https://www.ftc.gov/news-events/press-releases/2019/12/ftc-sending-refund-checks-consumers-allegedly-misled-free-trial.) While the settlement, $100,000, and the amount…
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Two Better Business Bureau Entities Refer Companies to Federal Trade Commission
This month, two self-regulatory bodies that are administered by Better Business Bureau National Programs, Inc. (BBB), referred two different companies to the Federal Trade Commission (FTC) for investigation.
First, on…
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FTC Warns CBD Companies Regarding Medical Claims
On September 10, 2019, the Federal Trade Commission (FTC) posted a press release on its website stating that it sent warning letters to three unidentified companies that sell cannabidiol (CBD)…
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