The coronavirus (COVID-19) continues to spread worldwide and many people are rightfully concerned about contracting the disease.  I have been warning you about coronavirus related scams for the past few weeks.  Today’s Scam of the day is a specific warning about seven companies selling worthless treatments for the coronavirus.  The Federal Trade Commission (FTC) and the Food and Drug Administration (FDA) sent letters to seven companies, Vital Silver, Quinessence Aromatherapy Ltd., N-ergetics, GuruNanda, LLC, Vivify Holistic Clinic, Herbal Amy LLC and The Jim Bakker Show who the FTC and FDA have found to be touting products such as teas, essential oils and colloidal silver that they represent can treat or prevent coronavirus despite the fact that the World Health Organization has stated that there are ” no known effective therapeutics” available to prevent or treat the coronavirus.

According to FTC Chairman Joe Simons, “There is a high level of anxiety over the potential spread of coronavirus.  What we don’t need in this situation are companies preying on consumers by promoting products with fraudulent prevention and treatment claims.  These warning letters are just the first step.  We’re prepared to take enforcement actions against companies that continue to market this type of scam.”

TIPS

As for healthcare products in general, you should be skeptical about companies that promise miraculous cures to illnesses and medical conditions.  The world is full of snake oil salesmen.  You should also be wary of any healthcare 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 product or program before you buy it.  As for the coronavirus specifically, the best place to get reliable information is  the World Health Organization https://www.who.int/health-topics/coronavirus

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