the secrets of underground medicine richard gerhauser

In total, has catalogued more than 300 videos, transcripts, web posts, order pages and print materials marketed by numerous companies under the Agora umbrella that use deceptive marketing to trick seniors into purchasing products and programs. Among the companies that were not named in the FTC’s October 2019 lawsuit but are bound by the settlement order is Stansberry Research, which a previous investigation found used deceptive testimonials to sell its investment newsletters. That’s important because, four months later, not only are the named defendants violating the settlement order (and have been ever since it was entered), but a investigation has found that several additional companies in Agora’s vast ecosystem are as well. In addition to the monetary settlement, which amounted to only 0.4 percent of Agora’s annual revenue, the settlement order includes a key provision: It bars not just the named defendants but also M&C and “each of its subsidiaries, successors and assigns” from making unsubstantiated health claims and misleading financial representations.

Richard Gerhauser and Zachary Scheidt, agreed to pay more than $2 million to settle FTC charges that they tricked seniors into purchasing publications using deceptive health and income representations. This February, five of those M&C affiliated entities, Agora Financial, NewMarket Health, NewMarket Publishing, Health Sense Media and Health Sense Publishing, along with its affiliates Dr. Known primarily for its vast array of books, pamphlets and newsletters hawking health and financial advice to seniors and retirees, Agora’s multilegged marketing machine is comprised of more than 80 different entities selling more than 400 different products, programs and services including nutritional supplements and publication subscriptions. and, most recently, Monument & Cathedral Holdings (M&C). Our original story follows.įew parent companies weave a corporate web as complex as Baltimore-based publishing giant Agora, also known as The Agora, Agora Inc. UPDATE 11/2/21: The FTC says it is providing full refunds totaling more than $2 million to consumers who purchased certain health and finance-related publications sold by Agora Financial and other defendants.

The secrets of underground medicine richard gerhauser