FTC pyramid scheme settlement
This article was originally published in The Tan Sheet
Executive Summary
Streamline International officer Robert Waitkus barred from making false or unsubstantiated safety, efficacy claims for dietary supplements, required to forfeit $30,000 in "ill-gotten gains" under settlement with FTC, commission announces Jan. 31. FTC sued Waitkus and Streamline in June in Fort Lauderdale, Fla. federal court, alleging the firm operated as a pyramid scheme and misled consumers about the safety of dietary supplement ingredients such as comfrey (1"The Tan Sheet" June 25, 2001, p. 9)...
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