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Power Balance bracelet had to admit they are a scam

January 5th, 2011

For those who read this blog you may have noticed we have written about the Power Balance bracelet as well as the EFX and many other bracelets that supposedly balance your body or do some other health benefit.

What is the Power Balance Scam?

Many celebrities and athletes use these bracelets and wear them out in public. People like P. Diddy, Robert De Niro, David Beckham and others have been caught on camera wearing these superstitious things.

Well the Australian government has asked for Power Balance to officially apologize for making false claims to the citizens of Australia and offer a refund.

Yesterday a class action lawsuit was issued in California against Power Balance bracelets as well. This is a typical Kevin Trudeau type of thing where a company starts selling something and saying all kinds of claims knowing they will get hit with class action lawsuits, attorney general investigations and so forth only to do it all over again.

I am sure Power Balance knew they would have to pay for scamming eventually but several people probably raked in money handsomely in the process.

Power Balance bracelets is now on record in the country of Australia for admitting that their bracelet really is the scam I have been saying it is for several months now.

Unfortunately even when a company comes out and declares that they are a scam it will not detract hard core believers. The reason people will continue to believe in these things is the same reason people will always believe in horoscopes, crystals, and Indian dream catchers.

You can see the official notice that they had to write and publish in the image below.
Click here to enlarge Power Balance bracelet corrective ad picture

power balance bracelet

Power Balance Corrective Advertisement