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Power Balance Admits There's No Evidence Its Strength Bands Work; Twitter Responds

Power Balance's "athletic strength bands" don't actually do anything, the company had to admit in Australian media today. They're offering refunds to Australian customers who were enticed by promises of improved "strength, balance and flexibility." The bands, which go for about $29, have been spotted on the wrists of...

NY Homeless Charity Accused of Being a Sham

NEW YORK (Nov. 24) -- Along with hot dog vendors and yellow taxis, New Yorkers are used to passing street corners staked out by members of the United Homeless Organization's red-aproned army. But New York State Attorney General Andrew Cuomo today sought to obliterate the group, filing a lawsuit accusing its overseers of...

Background on scam

A confidence trick is an attempt to defraud a person or group by gaining their confidence. A confidence artist is an individual operating alone or in concert with others who exploits characteristics of the human psyche such as dishonesty and honesty, vanity, compassion, credulity, irresponsibility, naivety and greed.

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