Consumer fraud

Just Energy Announces Amendments to Debt Covenants

Retrieved on: 
Thursday, July 2, 2020
Consumer fraud, Just Energy, TerraPass, Amigo Energy, Senior debt

In addition, the lenders under the Companys senior unsecured term loan facility waived compliance with the senior debt to EBITDA and total debt to EBITDA covenants contained therein for the fiscal quarter ending June 30, 2020.

Key Points: 
  • In addition, the lenders under the Companys senior unsecured term loan facility waived compliance with the senior debt to EBITDA and total debt to EBITDA covenants contained therein for the fiscal quarter ending June 30, 2020.
  • The relaxation of our debt covenants provides Just Energy with increased financial flexibility as we navigate the unique challenges brought about by COVID-19, said Scott Gahn, President and Chief Executive Officer of Just Energy.
  • About Just Energy Group Inc.
    Just Energyis a consumer company focused on essential needs, including electricity and natural gas commodities; health and well-being, such as water quality and filtration devices; and utility conservation, bringing energy efficient solutions and renewable energy options to consumers.
  • Currently operating inthe United StatesandCanada,Just Energyserves residential and commercial customers.Just Energyis the parent company of Amigo Energy,EdgePower Inc.,Filter Group Inc., Hudson Energy,Interactive Energy Group, Tara Energy, and TerraPass.

‘Click Fraud @ Sonic Ping’ follows two friends on a worldwide endeavor revealing online and real-life crime

Retrieved on: 
Thursday, July 2, 2020
Online advertising, Crime, Click fraud, Consumer fraud, Internet fraud, Click, Fraud, Human behavior, Articles

The click fraud conspiracy outlined in the book was real at the time.

Key Points: 
  • The click fraud conspiracy outlined in the book was real at the time.
  • I had always wanted to write a novel and it was a good device.
  • Click Fraud @ Sonic Ping can be purchased online at: https://www.amazon.com/Click-Fraud-Morgan-Rodger-Truscott-ebook/dp/B07Z8... .
  • Orlando Stephenson and his wife Cynthia live in Grand Rapids, Michigan, where he writes and oversees various business that he founded.

FTC-SBA warning letters caution against misleading loan program claims

Retrieved on: 
Wednesday, June 24, 2020
Consumer fraud, Infomercials, Deception, Fraud, Spamming

Following up on warning letters sent last month, the FTC staff and SBA sent warning letters to six more companies, urging them to take another look at their marketing materials and remove any deceptive or misleading statements.

Key Points: 
  • Following up on warning letters sent last month, the FTC staff and SBA sent warning letters to six more companies, urging them to take another look at their marketing materials and remove any deceptive or misleading statements.
  • Here are the companies that received the joint warning letters and the kind of claims among others that attracted attention from the FTC and SBA.
  • Whats more, the company has represented that The NYMBUS SmartLenders Program is able to process your SBA Paycheck Protection Loan faster than any other source.
  • First, make sure your marketing materials arent making false or deceptive claims to small businesses already struggling to stay afloat.

Reliant Bancorp, Inc. Announces Appointment of New Executive Officers

Retrieved on: 
Monday, June 22, 2020
Banking, Professional services, Finance, Corporate crime, Consumer fraud, Economy, Federal Trade Commission, Government, HeightMax

Reliant Bancorp, Inc. (the Company) (Nasdaq: RBNC), the parent company for Reliant Bank, announced today that John R. Wilson has been named President of the Company and Reliant Bank.

Key Points: 
  • Reliant Bancorp, Inc. (the Company) (Nasdaq: RBNC), the parent company for Reliant Bank, announced today that John R. Wilson has been named President of the Company and Reliant Bank.
  • Mr. Wilson joined Reliant Bank in 2005 and most recently served as Chief Loan Officer.
  • DeVan Ard, Jr. will continue to serve as Chairman and Chief Executive Officer of both the Company and Reliant Bank.
  • Mr. Ryman, who joined Reliant Bank in 2005, most recently served as Williamson and Davidson County Market President.

FDA Warns Four Manufacturers of Unapproved Injectable Drugs Labeled as Homeopathic

Retrieved on: 
Tuesday, June 16, 2020
Health, Articles, Consumer fraud, Homeopathy, Pseudoscience, Pharmaceuticals policy, Food and Drug Administration, Food law, Regulation and prevalence of homeopathy, Counterfeit medications

"These products are further concerning given that they are labeled to contain potentially toxic ingredients intended for injection directly into the body.

Key Points: 
  • "These products are further concerning given that they are labeled to contain potentially toxic ingredients intended for injection directly into the body.
  • No currently marketed drug products labeled as homeopathic have been approved by the FDA for any use and the agency cannot assure these drugs meet modern standards for safety, effectiveness and quality.
  • Drugs labeled as homeopathic may also cause significant and even irreparable harm if they are poorly manufactured.Viatrexx was also cited for substandard manufacturing practices for sterile drugs.
  • The FDA also issued a revision of its draft guidance, titled Drug Products Labeled as Homeopathic: Guidance for FDA Staff and Industry , for public comment.

FTC Sends Letters Warning 35 More Marketers to Stop Making Unsupported Claims That Their Products and Therapies Can Effectively Prevent or Treat COVID-19

Retrieved on: 
Thursday, June 4, 2020
Coronaviridae, Animal virology, Coronavirus, Federal Trade Commission, Articles, Contents, Alternative medicine, Consumer fraud, Fraud, Kevin Trudeau

The Federal Trade Commission announced it has sent letters warning 35 more marketers nationwide to stop making unsubstantiated claims that their products and therapies can treat or prevent COVID-19, the disease caused by the novel coronavirus.

Key Points: 
  • The Federal Trade Commission announced it has sent letters warning 35 more marketers nationwide to stop making unsubstantiated claims that their products and therapies can treat or prevent COVID-19, the disease caused by the novel coronavirus.
  • This is the sixth set of warning letters the FTC has announced as part of its ongoing efforts to protect consumers from health-related COVID-19 scams.
  • In all, the Commission has sent similar letters to more than 160 companies and individuals.
  • However, currently there is no scientific evidence that these, or any, products or services can treat or cure COVID-19.

FTC Sends Letters Warning 35 More Marketers to Stop Making Unsupported Claims That Their Products and Therapies Can Effectively Prevent or Treat COVID-19

Retrieved on: 
Thursday, June 4, 2020
Coronaviridae, Animal virology, Coronavirus, Federal Trade Commission, Articles, Contents, Alternative medicine, Consumer fraud, Fraud, Kevin Trudeau

The Federal Trade Commission announced it has sent letters warning 35 more marketers nationwide to stop making unsubstantiated claims that their products and therapies can treat or prevent COVID-19, the disease caused by the novel coronavirus.

Key Points: 
  • The Federal Trade Commission announced it has sent letters warning 35 more marketers nationwide to stop making unsubstantiated claims that their products and therapies can treat or prevent COVID-19, the disease caused by the novel coronavirus.
  • This is the sixth set of warning letters the FTC has announced as part of its ongoing efforts to protect consumers from health-related COVID-19 scams.
  • In all, the Commission has sent similar letters to more than 160 companies and individuals.
  • However, currently there is no scientific evidence that these, or any, products or services can treat or cure COVID-19.

FTC Sends 45 More Letters Warning Marketers to Stop Making Unsupported Claims That Their Products and Therapies Can Effectively Prevent or Treat COVID-19

Retrieved on: 
Monday, June 1, 2020
Coronaviridae, Animal virology, Coronavirus, Federal Trade Commission, Contents, Articles, Consumer fraud, Fraud, Infomercials

The Federal Trade Commission announced it has sent 45 more letters warning marketers nationwide to stop making unsubstantiated claims that their products and therapies can treat or prevent COVID-19, the disease caused by coronavirus.

Key Points: 
  • The Federal Trade Commission announced it has sent 45 more letters warning marketers nationwide to stop making unsubstantiated claims that their products and therapies can treat or prevent COVID-19, the disease caused by coronavirus.
  • This is the fourth set of warning letters the FTC has announced to sellers of such products as part of its ongoing efforts to protect consumers from COVID-19 related scams.
  • In all, the Commission has sent similar letters to almost 100 companies and individuals.
  • However, there is currently no scientific evidence that these, or any, products or services can treat or cure coronavirus.

FTC Sending Refund Checks Totaling More Than $470,000 to Consumers Defrauded by Misleading Health Claims for TrueAloe and AloeCran Supplements

Retrieved on: 
Tuesday, May 26, 2020
Consumer fraud, HeightMax

The FTC alleged that the defendants claims were deceptive and not supported by competent and reliable scientific evidence.

Key Points: 
  • The FTC alleged that the defendants claims were deceptive and not supported by competent and reliable scientific evidence.
  • The court order resolving the complaint bars the defendants from making false and unsubstantiated health claims and requires them to pay $537,500, which is being used to provide refunds to defrauded consumers.
  • Consumers who receive a refund check should cash or deposit it within 60 days, as indicated on the check.
  • The FTC never requires consumers to pay money or provide information to cash refund checks.

FTC Sending Refund Checks Totaling More Than $470,000 to Consumers Defrauded by Misleading Health Claims for TrueAloe and AloeCran Supplements

Retrieved on: 
Tuesday, May 26, 2020
Consumer fraud, HeightMax

The FTC alleged that the defendants claims were deceptive and not supported by competent and reliable scientific evidence.

Key Points: 
  • The FTC alleged that the defendants claims were deceptive and not supported by competent and reliable scientific evidence.
  • The court order resolving the complaint bars the defendants from making false and unsubstantiated health claims and requires them to pay $537,500, which is being used to provide refunds to defrauded consumers.
  • Consumers who receive a refund check should cash or deposit it within 60 days, as indicated on the check.
  • The FTC never requires consumers to pay money or provide information to cash refund checks.