The Federal Trade Commission (FTC) has sued Agora Financial, LLC alleging it scammed seniors into buying books, newsletters and other publications that falsely claimed a cure for type 2 diabetes.  They also are accused of perpetrating a scam related to a non-existent government affiliated check program.  According to Andrew Smith, the FTC’s Director of the Bureau of Consumer Protection,  Agora, “stole money from older adults with lies about having a cure for diabetes and a way to get thousands of dollars in government checks.  One of their publications, “The Doctor’s Guide to Reversing Diabetes in 28 days” claimed to provide a cure for type 2 diabetes totally unsupported by scientific evidence.  The Doctor’s Guide sold for $249.  In addition, Agora also promoted a newsletter entitled  “Lifetime Income Report” and a book entitled “Congress’ Secret $1.17 Trillion Giveaway” that promoted a phony, non-existent government program which Agora promised would enable consumers to receive thousands of dollars.  Consumers obtaining the worthless book automatically became subscribers to the “Lifetime Income Report” for $99 per year.

TIPS

As for all health related products whether they offer a cure for diabetes or even weight loss, the truth is that you should always be wary of programs or products that promise miraculous health benefits.  Check with your physician before considering any of these programs or products.  As for weight loss products which are the source of many scams,  there are no quick fixes when it comes to weight loss and you should be wary of any product that promises you can lose tremendous amounts of weight quickly without dieting or exercise.  You should also be wary of any weight loss product that is sold exclusively either over the Internet or through mail-order advertisements. The best course of action is to ask your physician about the effectiveness of a particular weight loss product or program before you reduce your wallet in an effort to reduce your waistline.

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