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Raging Bull: FTC Enforcement Spotlights Risks of Deceptive Advertising, Provides Guidance for Other Companies

The U.S. Federal Trade Commission (FTC) is currently pursuing litigation against RagingBull.com, LLC, its owners Jeffrey Bishop and Jason Bond, and other related companies and individuals involving allegations that the company’s online investment advisory platform was a scam. As the FTC explains, it is alleging that these Raging Bull, Bishop, Bond, and others, “fraudulently marketed investment-related services that they claimed would enable consumers to make consistent profits and beat the market. Instead . . . consumers—many of them retirees, older adults, and immigrants—have lost at least $137 million . . . in just the last three years.”

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