Power balance scam doing the rounds

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Faerie (January 03, 2011, 12:12:50 PM):
The Australians earned some respect:

Quote
The Australian Competition and Consumer Commission (ACCC) ordered Power Balance Australia to reimburse all clients that feel they have been misled by the so-called benefits of the bracelet.
Is has been found that the bracelet consists of ordinary rubber bands and plastic holograms.

http://www.health24.com/news/Fitness/1-911,60325.asp

I see it being advertised for R299 now. I can get a gold bracelet with a charm or two attached for that price, would make me feel much better about myself than a plactic one would.
Mefiante (January 03, 2011, 13:53:48 PM):
Would this be a case of “kud-oz”? ;)

'Luthon64
Rigil Kent (January 03, 2011, 15:09:53 PM):
The Australians earned some respect:

Quote
The Australian Competition and Consumer Commission (ACCC) ordered Power Balance Australia to reimburse all clients that feel they have been misled by the so-called benefits of the bracelet.
Is has been found that the bracelet consists of ordinary rubber bands and plastic holograms.


Even more worthy of respect would be a nation that just ain't open to misleading claims in the first place. A big bother (I mean brother) is nice to have when you need the band-aid applied, but will he teach you about not coming of the bike again?

Mintaka
BoogieMonster (January 03, 2011, 16:16:26 PM):
Well it is nice when big brother in the very least can make a noise about you being a sucker in the first place....
ingwe (January 04, 2011, 20:43:42 PM):
The Australians earned some respect:

Quote
The Australian Competition and Consumer Commission (ACCC) ordered Power Balance Australia to reimburse all clients that feel they have been misled by the so-called benefits of the bracelet.
Is has been found that the bracelet consists of ordinary rubber bands and plastic holograms.

http://www.health24.com/news/Fitness/1-911,60325.asp

I see it being advertised for R299 now. I can get a gold bracelet with a charm or two attached for that price, would make me feel much better about myself than a plactic one would.


From Pharngula PJ seems to have a good handle on this scam!!

Power Balance is a company that prospered on gullibility: they sell overpriced silicon rubber wristbands with an imbedded hologram that do absolutely nothing, but which they claimed would enhance athletic performance. And they got suckers to shell out $60 for them.

The law caught up to them and forced them to publicly retract their claims. Here's what you'll find on their website now.

In our advertising we stated that Power Balance wristbands improved your strength, balance and flexibility.

We admit that there is no credible scientific evidence that supports our claims and therefore we engaged in misleading conduct in breach of s52 of the Trade Practices Act 1974.

If you feel you have been misled by our promotions, we wish to unreservedly apologise and offer a full refund.

To obtain a refund please visit our website www.powerbalance.com.au or contact us toll-free on 1800 733 436

This offer will be available until 30th June 2011. To be eligible for a refund, together with return postage, you will need to return a genuine Power Balance product along with proof of purchase (including credit card records, store barcodes and receipts) from an authorised reseller in Australia.

This Corrective Notice has been paid for by Power Balance Australia Pty Ltd and placed pursuant to an undertaking to the Australian Competition and Consumer Commission given under section 87B of the Trade Practices Act, 1974.
I'd be jubilant, except that I expect this will make no difference at all to their scam. They're still selling the same old garbage at the same extravagant price.

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