Direct Selling Self-Regulatory Council Refers BE Factor Earnings Claims to the Federal Trade Commission for Possible Enforcement
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Tuesday, January 25, 2022
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MCLEAN,Va., Jan. 25, 2022 /PRNewswire/ -- The Direct Selling Self-Regulatory Council (DSSRC) of BBB National Programs referred certain earnings claims to the Federal Trade Commission (FTC) for possible enforcement action after BE Factor (also known as BE Rules and formerly known as Melius), a direct selling company that markets forex and cryptocurrency trading package subscriptions, failed to adequately respond to DSSRC's inquiry.
Key Points:
- MCLEAN,Va., Jan. 25, 2022 /PRNewswire/ -- The Direct Selling Self-Regulatory Council (DSSRC) of BBB National Programs referred certain earnings claims to the Federal Trade Commission (FTC) for possible enforcement action after BE Factor (also known as BE Rules and formerly known as Melius), a direct selling company that markets forex and cryptocurrency trading package subscriptions, failed to adequately respond to DSSRC's inquiry.
- The earnings claims in question were brought to the company's attention by DSSRC as part of its ongoing independent monitoring of the direct selling marketplace.
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- About the Direct Selling Self-Regulatory Council:The Direct Selling Self-Regulatory Council(DSSRC), a division of BBB National Programs,provides independent, impartial monitoring, dispute resolution, and enforcementoffalseproduct claims and income representations made by direct selling companies and their salesforce membersacross digitalplatforms.TheDSSRCseeks to establish high standards of integrity and business ethics for all direct selling companies in the marketplace.