Posted February 25, 2020

FTC Sends Refund Checks to Consumers of Unproven "Brain-Boosting" Supplements

On February 25, 2020, the FTC announced it is mailing 27,174 checks totaling more than $551,000 to consumers who purchased deceptively marketed "cognitive improvement" supplements. The refunds are being distributed as part of a settlement of charges that the products contained deceptive claims.

The twelve corporate and four individual defendants were charged in April of 2019 with using sham news websites containing false and unsubstantiated efficacy claims, references to non-existent clinical studies, and fraudulent consumer and celebrity endorsements. The products include Xcel, EVO, Geniux, and Ion-Z.

The FTC noted that checks will begin being mailed out today, and that recipients should deposit or cash checks within 60 days. It also reminded consumers that the FTC never requires people to pay money or provide account information to cash refund checks. The average check amount is $20.28.

For more information supplements for cognition, see ConsumerLab's answer to the question: Do any supplements really help with brain function, like memory and cognition?.

See Related Warnings:

Supplements Promoted for Alzheimer's Disease and Dementia Sell "False Hope" Warns FDA

Marketers of CellAssure and Cognify Settle FTC Charges of Deceptive Cancer Claims

FTC Charges Marketers of Prevagen With Making False Claims

Health Research Labs Agrees to Settle FTC Charges of False Claims, Deceptive Marketing of BioTherapex and NeuroPlus

Marketers of Memory Supplement to Pay $1.4 Million to Settle FTC Charges

For more information, use the link below.