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A.S. Research, LLC (Synovia)
The marketers of a dietary supplement called Synovia agreed to settle FTC charges by halting the deceptive tactics they allegedly used to mislead consumers into thinking Synovia could treat arthritis and alleviate joint pain. In December 2020, the Commission announced it was returning almost $775,000 to consumers who both the deceptively marketed product.
Midwest Recovery Systems, LLC
The Federal Trade Commission has taken action against a debt collection company that allegedly placed bogus or highly questionable debts onto consumers’ credit reports to coerce them to pay the debts. Under a settlement with the FTC, the company, Midwest Recovery Systems (Midwest Recovery), is prohibited from the practice, known as “debt parking,” and required to delete the debts it previously reported to credit reporting agencies. The FTC alleged that Midwest Recovery collected more than $24 million from consumers on such debts, largely by debt parking.
FTC Stops Debt Collector’s Alleged “Debt Parking” Scheme, Requires it to Delete Debts it Placed on Consumers’ Credit Reports
FTC Approves Administrative Complaint Against Supplement Marketer Health Research Laboratories, LLC
One or More Unknown Parties, FTC v.
In November 2020, at the FTC’s request, a federal court in Ohio issued a temporary restraining order against 25 counterfeit websites that allegedly have been playing on consumers’ COVID-19 pandemic fears to trick them into paying for Clorox and Lysol products that the defendants never deliver.
Student Loan Debt Relief Scammer Brandon Frere Agrees to Settle FTC Charges
FTC Alleges Mobile Banking App Misled Users About Access to Their Funds, Failed to Deliver on Promised High Interest Rates
Yotpo, Ltd.
FTC Warns Frank Financial Aid to Stop Potentially Misleading Marketing Directed to Students Seeking Coronavirus Financial Relief
FTC Sends Letters Warning 20 More Marketers to Stop Making Unsupported Claims That Their Products and Therapies Can Effectively Prevent or Treat COVID-19
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension (Care Labeling Rule)
Leptitox Nutrition (Leptitox dietary supplement)
FTC Sends Nearly $1.5 Million to Victims of Bronx Honda’s Illegal Financing and Sales Practices
PrivacyCon 2021
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