---
title: Two Firsts for FTC Civil Penalty Enforcement
date: 2023-01-19T00:00:00-05:00
author: "hilary@usesharepoint.com"
canonical_url: "https://www.kelleydrye.com/viewpoints/podcasts/ad-law-access/two-firsts-for-ftc-civil-penalty-enforcement"
section: Podcast Episodes
---
# Two Firsts for FTC Civil Penalty Enforcement

 January 19, 2023 | 5 min

 

 

 

 

 

 

 [Kelley Drye Ad Law Access Podcast](https://soundcloud.com/adlawaccess "Kelley Drye Ad Law Access Podcast") · [Two Firsts for FTC Civil Penalty Enforcement](https://soundcloud.com/adlawaccess/two-firsts-for-ftc-civil "Two Firsts for FTC Civil Penalty Enforcement")

 [Apple](https://podcasts.apple.com/us/podcast/two-firsts-for-ftc-civil-penalty-enforcement/id1457734764?i=1000595539497) [Spotify](https://open.spotify.com/episode/3UKRfkx2Onud0bSXtuTneN?si=5b567a1f54dc4a3e) [SoundCloud](https://soundcloud.com/adlawaccess/two-firsts-for-ftc-civil?utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing) 

 

On Friday, the FTC announced what would ordinarily be an unremarkable enforcement action against a company for unsubstantiated earnings claims. The FTC alleges that WealthPress, an investment advice company purporting to offer training from experts on trading strategies, made a series of unsubstantiated earnings claims such as ​“make $24,840 or more every single week,” ​“track the BIG money,” and the opportunity may ​“quite literally transform your life.”

 

 

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### Related Team Members

- [Donnelly L. McDowell](https://www.kelleydrye.com/people/donnelly-l-mcdowell)
- [John E. Villafranco](https://www.kelleydrye.com/people/john-e-villafranco)
 
 

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