Advert.

Do NOT tell your scammer he is posted here, or report their accounts as it puts others at risk!

FTC takes aim at deceptive stem cell therapy claims

Did you read about scams in the papers, or see it on TV? Let us know.

FTC takes aim at deceptive stem cell therapy claims

Unread postby SlapHappy » Thu Oct 18, 2018 7:32 pm

https://www.consumer.ftc.gov/blog/2018/ ... apy-claims

FTC takes aim at deceptive stem cell therapy claims
Share this page
Facebook

Twitter

Linked-In
October 18, 2018
by Colleen Tressler
Consumer Education Specialist, FTC
People spend billions of dollars each year on health-related products and treatments that don’t deliver. People who buy them are cheated out of their money, their time, and even their health.

The FTC says that California-based Regenerative Medical Group, Telehealth Medical Group, and Dr. Bryn Jarald Henderson, the founder of both companies, sold false hope at high prices.

These companies and Dr. Henderson used social media and websites to promote stem cell therapy for all kinds of health issues affecting older adults and children. Supposedly, it could treat and cure diseases and health conditions such as Parkinson’s disease, autism, dementia, depression, multiple sclerosis, cerebral palsy, traumatic brain injury, heart disease, macular degeneration, chronic kidney disease, osteoarthritis, and stroke. Defendants charged up to $15,000 for their initial stem cell therapy and up to $8,000 for follow-up treatments.

But, according to the FTC, these claims were not backed up by any scientific studies and, in fact, no studies have established that stem cells cure, treat, or reduce the severity of diseases or health conditions in humans. With the exception of a few FDA-approved treatments, stem cell therapy is still largely experimental.

Under the proposed settlement, the defendants can no longer make these claims, and they have to pay more than $500,000 in refunds to consumers.

Are you — or someone you know — thinking about stem cell therapy?

Be skeptical about amazing health claims.
Don’t trust a website just because it looks professional, uses medical terms, or has success stories from “real people.”
Talk to your health care professional before you consider any medical treatment.
For more information, see Buying Health Products and Services Online. If you think you’ve spotted health-related fraud, report it to the FTC.

Tagged with: advertising, health, medical claims, online, treatment
Blog Topics: Health & Fitness
If anyone asks you for money on the Internet they are always a scammer, 100% of the time.
Blackmail Scammed? Go here: https://www.scamsurvivors.com/blackmail/#/
FAQ viewtopic.php?f=3&t=19
Victim of a scam? Go here: https://scamsurvivors.com/forum/viewtop ... =3&t=26504
User avatar
SlapHappy
Retired admin/co creator
 
Posts: 44968
Joined: Tue Apr 17, 2012 5:18 am
Location: Just a face in a magazine, watching you post your scammer's details.

Return to Media reports.

Who is online

Users browsing this forum: No registered users and 49 guests