Not What It seems to be

Marketers Of Memory Supplement Must Pay $1.4M To Settle Deceptive Advertising Charges

Marketers Of Memory Supplement Must Pay $1.4M To Settle Deceptive Advertising Charges

By 7.8.15

Using fake news stories and trumped-up, unsubstantiated claims, the marketers of a supplement that claimed to be the answer to memory loss problems sold nearly $100 million worth of the stuff in just a few years. Now they have to fork over $1.4 million to federal and state authorities for making these deceptive statements, and face millions more in penalties if they fail to comply. [More]

The FTC and New Jersey AG's office allege that the makers of the Prized app used the program to infect customers phones with malware for their own use.

App Developer Settles Charges It Hijacked Consumers’ Phones To Mine Virtual Currency

By 6.29.15

Some reward programs aren’t really rewarding. In fact, some are downright harmful to consumers. That was apparently the case with an Ohio-based smartphone app developer that recently agreed to settle charges that it hijacked consumers’ phones through a seemingly innocuous gaming app. [More]