The FDA and the FTC posted warning letters to 10 companies for illegally selling dietary supplements that claim to cure, treat, mitigate, or prevent diabetes, in violation of the Federal Food, Drug, and Cosmetic Act (FD&C Act).
BBB National Programs’ Direct Selling Self-Regulatory Council (DSSRC), in partnership with the Direct Selling Association (DSA), today released new Guidance on Earnings Claims that defines and identifies earnings claims to ensure all representations made by direct-selling companies or members of their salesforce comply with legal and self-regulatory standards.
Once again, the Federal Trade Commission (FTC) has sent out a round of letters to a new list of MLM companies warning them to stop their field from posting that their products can cure the Novel Coronavirus/ SARS-CoV2.They are giving the companies 48 hours to prove they have put actions into place to address their concerns. These posts include mentions of eliminating vaccines, boosting immunity, using a stimulus check to make more money, and much more.
The Federal Trade Commission (FTC) 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 or prevent coronavirus disease or about the earnings people who have recently lost income can make, or both.
A federal court granted the Federal Trade Commission’s (FTC) request to temporarily shut down an alleged pyramid scheme known as “Success By Health,” and to freeze the assets of the company and its executives.