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Business Blog

FTC says credit repair business doubled as a pyramid scheme

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For the second time this month, the FTC has sued a credit repair operation that it says combined fake promises to swiftly and substantially boost people’s credit scores with the offer of a bogus money...
Business Blog

Lions Not Sheep lambasted for deceptive Made in USA claims

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“BEST DAMN AMERICAN MADE GEAR ON THE PLANET” So roared a Utah-based company called Lions Not Sheep in promoting its apparel and accessories online. But according to an FTC complaint, the company was...
Business Blog

FTC bids good night to deceptive day trading earnings claims

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For people looking to gain a financial foothold, promises of $100,000 or more in “verified profits” in “under 45 days” are understandably alluring. But all too often what begins as a Siren’s Song ends...