Inc. Magazine has recognized Momentum Factor, a leading global provider of online risk mitigation applications and services, amongst the fastest growing companies in the U.S. on its annual Inc. 5000 rankings for the fourth year in a row.
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.
Momentum Factor, an Austin-based technology firm, has purchased $1.8 million worth of medical debt currently in collections via a national charitable debt relief organization, RIP Medical Debt. Over the next few weeks, hundreds of Austin-area families will receive notices in the mail that their debt has been abolished.
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.
In the past weeks we’ve all been flooded with emails and scary news, much of it causing angst and confusion. Yes, this is pretty awful. But we will get through it. We will be temporarily banged up, but we will definitely get through it, together.
Fake reviews on Amazon and other online marketplaces are a major problem for consumers and businesses alike. For companies, these false review can not only hurt their online reputation, but can cost them their sales channel entirely.