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Complete Story
04/27/2020
FTC sends COVID-related warnings to MLM companies
FTC
A business opportunity that promises you can work from home, earn lots of money, and enjoy a lavish lifestyle? Sounds tempting, particularly now, when so many people are out of work because of the Coronavirus pandemic. But letters the FTC sent today to ten multi-level marketing (MLM) companies are a reminder to research an MLM business before investing your money and your time.
The FTC’s letters tell the companies to immediately stop their distributors from telling people that they’re likely to get rich by investing in the business. They also demand the companies immediately stop all claims that their products can treat or prevent COVID-19, as there’s no evidence or scientific testing supporting claims that those products can help prevent or treat the disease.
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