The FTC has announced that the agency is creating a new and dedicated “rulemaking group,” a move that would strengthen the FTC’s ability to invoke civil penalties outside its historical use of 13(b). Full article here.
The Federal Trade Commission (FTC) together with federal, state, and local law enforcement partners announced Operation Income Illusion, a nationwide crackdown on illegal income claims. According to the FTC, Operation Income Illusion focused on scammers making false promises of income … Continue Reading
Once again, the 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 … Continue Reading
FTC Sends Warning Letters to Multi-Level Marketers Regarding Health and Earnings Claims They or Their Participants are Making Related to Coronavirus
Ten letters target companies pitching business opportunities, supposed health benefits in response to pandemic 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 … Continue Reading
Complaint alleges empty promises of wealth lead to millions in losses for participants FROM THE FTC PRESS RELESE: A federal court granted the Federal Trade Commission’s request to temporarily shut down an alleged pyramid scheme known as “Success By Health,” and … Continue Reading
Dallas-based Neora has filed against the FTC in the Seventh Circuit today. Neora is essentially asking for a broad declaratory judgment that would cabin the FTC’s authority to pursue MLM companies. Click here for the full complaint.
Federal Trade Commission Chairwoman Edith Ramirez said Friday in an interview that she will soon step down as head of the country’s most powerful consumer watchdog, after serving more than three years in the role and another three years before … Continue Reading
| Opinion | Regulators should assume a cooperative, rather than adversarial, stance with direct sellers. Every time a direct seller has an issue with the Federal Trade Commission, critics of the industry are quick to jump on it, hailing it … Continue Reading
Herbalife shares jump after company hires former FTC commissioner; Promises increased policing and enforcement Herbalife Ltd. has hired a former FTC commissioner to oversee the conduct of its independent sales team. Pamela Jones Harbour will monitor training and mentoring programs … Continue Reading