FTC Takes Decisive Action Against Amway
Agency alleges MLM misled recruits about earnings, pressured distributors to buy products and encouraged fake retail sales.
Beam’s Banking App
Case Name (Date)
Chang et al v. Beam Financial, Inc.
20-cv-7931, N.D. Cal.
(Nov. 2020)
Product/Service
Beam’s Mobile Banking App
Allegations
Falsely representing that Beam pays high interest rates on savings accounts and that money would be accessible to consumer “24/7”
Status
Pending
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