The FTC, the agency committed to protecting the nation’s consumers from harmful business tactics, today released a 129-page report, detailing deceptive business tactics of companies trying to lure consumers with work-at-home offers such as envelope stuffing, product assembly, medical billing and survey participation.
Specifically, the report urges the expansion of the FTC’s Business Opportunity Rule, requiring stricter rules for full disclosure.
In their press release issued earlier today, the FTC said, “If adopted, the changes will make it less burdensome for legitimate sellers to comply with the rule, while still protecting consumers from widespread and persistent business opportunity fraud.”
Any business that is pitching a work-at-home opportunity to consumers would be required by law to make public any legal actions taken against the company in the last ten years, and also would require sellers to provide documented proof to back up its claims of possible income revenue.
The work-at-home seller would also be required to provide to consumers a list of references when requested, including contact information for any individual or business who has used the work-at-home product within the past three years.
This latest change in policy by the FTC would take the place of an interim rule that the agency adopted back in 2007.
The conclusion of the report submitted by the FTC considers the annoying email messages to be pervasive in nature, and the new requirements will severely limit what they consider to be unfounded claims.
Now make money at home business opportunities are to be policed by the FTC, it will make it a little less easy for fraud to be committed.
Home Business Opportunities
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