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FTC Levies $25 Million Fine Against Diet Pill Firms

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Wayne_Zitkus

Proud FA Since 1962
Joined
Sep 29, 2005
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Location
Deepindahearta, Texas
I always thought those ads sounded bugus.....

FTC Levies $25 Million Fine Against Diet Pill Firms

The Federal Trade Commission today announced fines and penalties of $25 million against the makers of four popular diet pills as part of an ongoing review of products that claim to boost weight loss with special formulas and secret ingredients that have not been adequately studied.

The fines were imposed as part of a settlement with the makers of Xenadrine EFX, One-A-Day Weight Smart, Cortislim and Trimspa - popular pills with combined sales in the hundreds of millions of dollars.

Much of the money will be returned to consumers, although FTC chairman Deborah Platt Majoras said details of the refund program are still being worked out.

The companies involved ranged from what FTC officials described as "fly-by-night" operations that are already bankrupt to multinational drug giant Bayer Corp. Bayer agreed to pay a $3.2 million penalty for what the FTC said were exaggerated weight-loss claims for its One-A-Day Weight Smart multivitamin.

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