Getting your awesome invention from scribble to prototype to store shelves is often no simple task, but one company that promised to help amateur inventors patent and market their creation has been shut down by a federal court after being accused of bilking millions of dollars from its clients. [More]
false promises
Feds Say Invention Marketing Firm Used Bogus Testimonials, Threatened To Sue Clients
By 3.14.17 — Updated: 5.10.17
Feds Halt Timeshare Scheme That Bilked $15 Million From Property Owners
By 12.22.16
When buying into a timeshare, many owners receive more weeks at the property than they could possibly use in their lives. This has created a second industry that focuses on reselling or renting out the properties. But, as the Federal Trade Commission showed this week, not all of these businesses are legitimate, some are just out to line their own pockets. [More]
Feds Shut Down Telemarketing Scam That Pitched Money-Making Schemes & Bogus Grants
By 10.28.16 — Updated: 10.31.16
As wonderful as it might sound, odds are that no one is trying to call you to give you free money, and anyone who dangles a get-rich-quick scheme in front of you should be quickly ignored. Yet federal regulators say telemarketers tricked seniors and veterans out of their money with these sorts of scams.
[More]
Mortgage Relief Scammers Ordered To Pay $5.4M
By 12.15.15
Eight months after federal regulators took action to stop a mortgage relief company from making hollow promises to homeowners facing foreclosure, the ringleaders behind the operation have agreed to pay more than $5.4 million in penalties and never work in the mortgage relief or telemarketing business again. [More]
California Car Donation Charities Misrepresented Charitable Programs, Misdirected Donations
By 12.1.15
From time to time you may hear of a charity that accepts the donation of older, used vehicles that owners simply no longer have use for, promising to donate the profit of the future sale to a charitable program. While it might seem like a fairly straightforward operation, the state of California claims two such groups weren’t keeping their promises, instead using the funds to pay for their own expenses. [More]
Feds Say Vision-Improvement App Not Backed By Science
By 9.17.15
They say that staring at a computer for hours at a time can ruin you vision, so it might be hard to swallow claims that a mobile app can improve your vision… especially when science doesn’t back it up. [More]
FTC Halts Mortgage Relief Operation Targeting Consumers In Foreclosure
By 4.30.15
Financially distressed consumers on the brink of foreclosure have enough to worry about without having to be on the lookout for shady mortgage relief companies making hollow promises to save their homes. Today, the Federal Trade Commission put an end to an operation that took advantage of homeowners’ vulnerabilities. [More]
Company To Refund Consumers $3.5M Because Cactus Juice Isn’t “Inflammation Relief Without A Prescription”
By 7.15.14
Advertisements featuring carefree, beautiful smiling people sipping on juice might not be enough to entice someone to buy a product, but plastering claims that the drink is a cure-all for pain could probably do the trick. But when those promises aren’t supported by, you know, actual science, then it’s called deceptive and federal regulators won’t stand for that. [More]
