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Business Insights

Blog posts of business insights and news.

Seven Coronavirus scams targeting your business

We’ve warned consumers about Coronavirus-related scams, but businesses are at risk, too. Keep your guard up against these seven B2B scams that try to exploit companies’ concerns about COVID-19. In addition to sharing this information with your employees and social networks, read on for how you can report Coronavirus scams to the FTC. “Public health” …

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Putting the brakes on unproven superiority claims

If you say you’re better, you’d better be better – and you’d better have appropriate proof to back up that claim. That’s a takeaway tip for businesses from the FTC’s proposed settlement with Federal-Mogul Motorparts, LLC. Michigan-based Federal-Mogul sells a wide variety of auto parts, including Wagner OEx brake pads – an after-market product bought and …

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The FTC goes after several top affiliates of MOBE

Who doesn’t want to earn easy, fast money online, and make six figures a year? That’s what an online business coaching and investment opportunity called “My Online Business Education”, or MOBE, promised. Finding the company behind it didn’t deliver on their claims, the FTC shut them down in 2018. Even with the company shuttered, FTC …

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FTC & FDA: Warnings sent to sellers of scam Coronavirus treatments

Last month, we cautioned you to be on the lookout for scammers taking advantage of fears surrounding the Coronavirus. Today, we have an update. The FTC and FDA have jointly issued warning letters to seven sellers of unapproved and misbranded products, claiming they can treat or prevent the Coronavirus. The companies’ products include teas, essential …

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