Tuesday, August 22, 2006

FTC Halts Bogus Claims For “Fuel Saving” Device - Four Million Dollar Settlement Imposes Lifetime Ban on the Sale or Manufacture of Devices

FTC Halts Bogus Claims For “Fuel Saving” Device - Four Million Dollar Settlement Imposes Lifetime Ban on the Sale or Manufacture of Devices: "The manufacturer of a magnetic “fuel saving” and emissions-reduction device that did not save fuel or reduce emissions will pay $4.2 million to settle Federal Trade Commission charges that his advertising claims were false. The FTC will seek to provide redress to consumers who bought the device based on the false advertising claims. In addition, the defendants will be banned from selling or manufacturing magnetic fuel savings and emissions reduction devices."

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