Lumosity built its empire on games and activities that say helps train your brain and even helps prevent degenerative brain diseases. It also claims to help improve academic and athletic performances. The games and activities are made accessible on the Lumosity website and mobile app as long as you pay a monthly subscription.
Unfortunately for the ‘brain train’ company, the Federal Trade Commission stated the company did not have evidence to prove their claims which were widely advertised and promoted on email campaigns, social media and even prominent news outlets.
Find out how much the company was fined and what the FTC had to say about how they deceived consumers out of money.