Associate Director, Consumer & Business Education, FTC
You may have heard that Volkswagen has agreed to a settlement with the FTC that will provide up to $10 billion to owners and lessees of VW and Audi 2.0 liter diesel cars. VW claimed 500,000 cars had low levels of harmful emissions, but they were actually much higher.
Did you know that VW will buy back affected cars for thousands of dollars more than their current replacement value? That’s compensation for VW’s untrue emissions claims and for the trouble of replacing the car.
Mosquitoes are in the news — and in popular vacation spots. If you’re worried about the Zika virus or other mosquito-borne diseases, you’ll find all sorts of products — including wristbands, stickers, and patches — that say they’ll repel mosquitos that carry Zika. But do they really work? Are you and your family as protected as they claim?
Maybe not. The FTC is concerned that some products don’t work as advertised. That’s why the FTC sent warning letters to 10 companies selling these products, urging them to remove any health claims that aren’t backed by scientific evidence — especially claims about preventing Zika and other mosquito-borne diseases.
So how can you be sure you’re buying an insect repellent that works as promised?
Dogs are more than pets — they’re furry family members. If you thought you could help your dog live 30% longer just by choosing different dog food, would you pass up the chance?
That’s exactly what ads for Eukanuba dog food claimed it could do. But according to an FTC settlement with Mars Petcare US announced today, it wasn’t true.
Have you seen ads promising easy money if you shrink-wrap your car — with ads for brands like Monster Energy, Red Bull, or Pepsi? The “company” behind the ads says all you have to do is deposit a check, use part of it to pay a specified shrink-wrap vendor, and drive around like you normally would.
But don’t jump onto the bandwagon. It’s only easy money for the scammer who placed the ads.
Attorney, FTC, Division of Consumer & Business Education
“Fool me once, shame on you; fool me twice, shame on me” is an old adage. While there’s no shame in being the victim of a scam, nobody wants to be a victim twice. That’s why the Securities and Exchange Commission (SEC) is warning consumers about a government imposter scam that targets people who’ve already been victims of fraud.
Servicemembers and their families make many sacrifices to keep the rest of us safe. They face unique challenges, including the stresses of deployment and frequent moves. Unfortunately, scammers see those sacrifices as an opportunity to create confusion and drum up endless varieties of trickery to separate military personnel from their money.
Online shopping makes it easy and convenient to search for — and buy — the must-have items on your wish list. Before you buy, check out these tips on avoiding hassles, getting the right product at the right price, and protecting your financial information.
Do you work or volunteer with people who are restarting their lives after being incarcerated? Then you’ve probably seen first-hand how important it is that people reenter society with skills to help them make good financial decisions. Effective reentry strategies reduce crime and enhance individual and community well-being. The FTC has free materials to help people reentering society understand background checks, manage money, spot and avoid scams, avoid identity theft, and make good buying decisions.
Join our webinar to learn how our resources can support reentry, parole and corrections programs – and share your ideas about the kinds of information this community needs. All FTC resources are free and have no copyright restrictions, and we’ll ship you as many as you need for your program. For free.
Consumer Education Specialist, Federal Trade Commission
Not long ago, we told you about a company that settled charges that it deceived gamers by failing to disclose that YouTube “influencers” were paid for their favorable reviews about the new Xbox One console. Now the publisher of a popular video game has agreed to settle charges that it engaged in similar deceptive behavior.