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Baltimore-based Agora Financial to pay more than $2M to settle FTC charges for tricking seniors into buying products

February 9, 2021

A Baltimore-based company will pay more than $2 million to repay customers to settle charges by the Federal Trade Commission for tricking seniors into buying products that falsely promised a cure for Type 2 diabetes or help with a government-affiliated check program. The agency said in a news release Monday that Agora Financial LLC and many of its affiliates agreed to the payment after the commission said they schemed seniors into buying pamphlets, newsletters and other publications. The payment will be used to provide refunds to defrauded consumers.

Article Source: Baltimore Sun

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