Deceptive Money-Making Opportunities
The Federal Trade Commission’s core mission is to protect consumers from unfair and deceptive practices. This includes deceptive claims about how much money consumers can earn, which crop up across a significant swath of the economy. NACA members may challenge deceptive earnings claims in their cases and may also repeatedly see the collateral effects that income scams have on the lives of their clients. In either case, you may be interested to learn about the FTC’s work in this area, including the recently announced Earnings Claim Rulemaking (comment period open until May 10).
The FTC has taken aggressive law enforcement action against coaching or mentoring schemes, multi-level marketing companies, work-from-home, e-commerce, and other business opportunity scams, chain referral schemes involving cryptocurrency, gig companies and employers, job scams, and businesses purporting to offer educational opportunities. In this webinar, we’ll present information about the FTC’s work to combat misleading earnings claims, with a focus on law enforcement and policy initiatives.
What You Will Learn
• What tools and legal theories the FTC uses to challenge earnings claims in different sectors
• How certain types of deceptive earnings claims have a disproportionate effect on communities of color
• What free resources the FTC offers to help consumers in every community avoid income scams
• What the FTC’s Earnings Claim Rulemaking is and how can you make your voice heard
Assistant Director, Division of Marketing Practices
Federal Trade Commission
Kati Daffan is an attorney and assistant director in the FTC’s Bureau of Consumer Protection in the Division of Marketing Practices.
Andrew Hudson is an attorney in the same Division of the Bureau of Consumer Protection at the FTC.
Both Kati and Andrew work to combat fraud through civil law enforcement actions, including against deceptive money-making schemes, as well as policy initiatives such as the Earnings Claim Rulemaking.