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FTC

COVID-19: FDA, FTC Target Companies Selling Products That Claim To Treat, Prevent Virus COVID-19: FDA, FTC Target Companies Selling Products That Claim To Treat, Prevent Virus
Covid-19: FDA, FTC Target Companies Selling Products That Claim To Treat, Prevent Virus The U.S. Food and Drug Administration and Federal Trade Commission issued warning letters to several companies for selling fraudulent items during the novel coronavirus (COVID-19) crisis. At least seven companies were told to cease and desist selling and marketing unapproved drugs they allege can treat or prevent COVID-19 that could pose health risks and violate federal law. According to the FDA, health officials are “particularly concerned that products that claim to cure, treat or prevent serious diseases like COVID-19 may cause consumers to delay or stop appropriate medical treatment, l…
COVID-19 Scams: Texts, Emails Promise Updates On Latest Cases COVID-19 Scams: Texts, Emails Promise Updates On Latest Cases
Covid-19 Scams: Texts, Emails Promise Updates On Latest Cases The global outbreak of the novel strain of coronavirus (COVID-19) has led to a rash of new scams from fear-mongering fraudsters, officials warned. Scams ranging from texts and emails from scammers posing as health officials and other professionals to others brewing up phony vaccines and cleaning cocktails have become more prevalent in the weeks since the COVID-19 outbreak, the United States Attorney General’s Office announced. According to the FTC, to help weed out scammers, the organization has issued a joint statement with the FDA to seven sellers of unapproved and misbranded products, cl…
Don't Fall For It: Beware Of These Coronavirus Scams Don't Fall For It: Beware Of These Coronavirus Scams
Don't Fall For It: Beware Of These Coronavirus Scams The outbreak of the Novel coronavirus has also led to the outbreak of new scams by opportunistic fear mongers who are looking to take advantage of the spreading panic surrounding the virus. As of Tuesday, Feb. 21, the World Health Organization (WHO) said there has been 76,769 cases of coronavirus throughout the world, with the risk assessment remaining “high” on a global level. Fifteen cases of coronavirus have been confirmed in the United States. The fear and concern about the fast-spreading virus has opened the door for fraudsters who are taking advantage of the situation with a variety o…