FDA, FTC warn seven companies for peddling fraudulent coronavirus (COVID-19) cure

On the other hand, FTC Commissioner Joe Simons said, “There already 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.”