Biotape Fraud

Washington, DC: (Sep-19-07) The Federal Trade Commission brought charges against Smart Inventions, Inc. and Jon Nokes, two marketers of the alleged pain relief product called Biotape, accusing them of deceptively claiming that Biotape, an adhesive tape, provided significant, permanent relief from severe pain and that it was superior to other pain-relief products. As part of a settlement reached, Smart Inventions and Nokes agreed to provide up to $2.5 million in consumer refunds. Additionally, a federal district court ruled that a third defendant, Darrell Stoddard, the inventor of Biotape who appeared in the product's nationally televised infomercial, violated federal law and must give up the $86,000 he received from infomercial sales. Further, the FTC's settlement bars them from claiming that Biotape, or any other substantially similar purported pain-relief product, produces significant or permanent relief from severe pain or is superior to other products and treatments in eliminating or relieving severe pain. [CBS NEWS: BIOTAPE FRAUD]

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Published on Sep-20-07