You may have seen the Facebook or pop-ads for a dietary supplement that uses a hormone from human placenta that claims to help you lose a pound a day. It may sound great. But the Federal Trade Commission (FTC) charges the claims are untrue and wants to put the marketer out of business.
In its complaint, filed in Arizona Federal District Court, the FTC says ads for the products, “..direct consumers to place the HCG concoctions under their tongues before meals and stick to a very low calorie diet of 500 to 800 calories per day.” A thirty-day supply of one of the formulations costs between $60 to $149. This apparently has been a very good business for Arizona-based Wright and his companies. The FTC says they’ve sold more than $13 million of HCG Platinum since 2010.
The FTC considers the money “ill-gotten gains” and wants a judge to order the defendants to give up the money.
Wright was warned in November 2011, when the FTC sent letters alerting him and six others that the agency considered HCG products mislabeled drugs. It reminded them that it’s illegal to, “…make weight-loss claims that are not supported by competent and reliable scientific evidence.”
Warning for Consumers:
The FTC says there’s also a warning in this for consumer who are lured by the ads and false claims of supplement marketers that promise quick weight loss.