The purpose of this blog and its comments section is to inform readers about Federal Trade Commission activity, and share information to help them avoid, report, and recover from fraud, scams, and bad business practices.
See a product claiming to treat, cure or prevent the Coronavirus? Report it to the FTC at ftc.gov/complaint. Want more information on the latest scams we’re seeing? Sign up for our consumer alerts. The FTC also will continue to monitor social media, online marketplaces, and incoming complaints to help ensure that the companies do not continue to market fraudulent products under a different name or on another website. The agency will follow up with companies that fail to make adequate corrections. The letters also require the companies to notify the FTC within 48 hours of the specific actions they have taken to address the agency’s concerns. The FTC’s letters tell the companies to immediately stop making all claims that their products can treat or cure the Coronavirus. Food and Drug Administration (FDA) continues to say there currently are no products proven to treat or prevent the virus. Some of the FTC’s letters challenge products sold online others challenge treatments offered in clinics or for use at home. The FTC says the companies have no evidence to back up their claims - as required by law. The companies’ products include everything from a bundle of supplements called an “ANTI-VIRUS KIT” to “Sonic Silicone Face Brushes” and intravenous (IV) “therapies” with high doses of Vitamin C. Today, the FTC sent warning letters to 10 more companies. Last month, the FTC and FDA sent warning letters to seven sellers of unapproved and misbranded products, claiming they can treat or prevent the Coronavirus. Identity Theft and Online Security Show/hide Identity Theft and Online Security menu items.Unwanted Calls, Emails, and Texts Show/hide Unwanted Calls, Emails, and Texts menu items.Money-Making Opportunities and Investments.Jobs and Making Money Show/hide Jobs and Making Money menu items.Credit, Loans, and Debt Show/hide Credit, Loans, and Debt menu items.Shopping and Donating Show/hide Shopping and Donating menu items.
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