Dietary Supplement Maker to Pay $5.5 Million to Settle FTC False Advertising Charges

July 15th, 2010. Published under Fraud, Scams. No Comments.

As part of its ongoing efforts to stop bogus health claims, the Federal Trade Commission is requiring a major marketer of dietary supplements to pay $5.5 million to settle charges that it falsely advertised that its supplements could help consumers lose weight and treat or prevent colds and other illnesses. The $5.5 million will be used for refunds to consumers who purchased Accelis, nanoSLIM, and any Cold MD, Germ MD, and Allergy MD product.

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