FTC-PR-241115-1 (11-15-24) FTC Takes Action Against Bogus Business Finance Scheme Seek Capital For Costing Small Business Owners Millions – FTC says Seek advertises ‘business loans’ but charges companies thousands to open credit cards instead The Federal Trade Commission is taking action against Seek Capital (PDF) and its founder and CEO, Roy Ferman, for operating a bogus […]
Category: Deceptive Advertising
Deceptive Advertising is an unethical marketing practice that misleads consumers through false claims, misleading comparisons, exaggerated testimonials, hidden fees, and bait-and-switch tactics. This not only results in financial losses and diminished trust for consumers but also exposes businesses to legal repercussions, reputational damage, and increased regulatory scrutiny. To protect themselves, consumers should conduct thorough research, remain skeptical of unrealistic claims, read fine print, and report misleading practices. Ultimately, understanding and addressing deceptive advertising is crucial for fostering a fair marketplace where transparency and honesty prevail in advertising efforts.
( Deceptive Advertising – Article ) ( Articles ) ( Deceptive Advertising ) Deceptive Advertising Introduction Deceptive Advertising refers to marketing practices that mislead consumers about the nature, characteristics, or benefits of a product or service. This can include false statements, misleading visuals, or exaggerated claims that can lead consumers to make uninformed decisions. The implications of such […]