Texas Attorney General Abbott Takes Legal Action Against Marketers Of Fake Energy Saving Devices

Forum Trading, Inc. claims devices will lower electric bills, extend household appliance life

May 14, 2008 -- AUSTIN – Texas Attorney General Greg Abbott obtained a temporary restraining order and limited asset freeze Monday against Forum Trading, Inc.

Fake power saver products: Photo courtesy Texas AG

The state’s legal enforcement action charges the Texas-based company, which is organized as a multi-level marketing scheme with independent distributors, with marketing energy devices it falsely claims will significantly reduce power consumption, extend the life of household appliances and save consumers money.

“With Texas families focused on energy prices and seeking cost savings, these defendants are promising lower electricity bills but failing to deliver,” Attorney General Abbott said. “Experts who reviewed the defendants’ products discovered no actual savings for well-intentioned purchasers. The Office of the Attorney General will continue to aggressively crack down on scam artists who attempt to illegally profit from Texas families.”

Source: Texas Attorney General