Position Paper #2: Breaches of Ethics
Trust Betrayed: How Public Figures Mislead for Financial Gain In recent years, several high-profile cases have highlighted the ethical challenges in promotional practices, particularly when deceptive tactics are employed for financial gain. One notable example is the Federal Trade Commission's (FTC) 2024 settlement with CarShield , a company selling vehicle service contracts. The FTC alleged that CarShield engaged in deceptive advertising practices, including misleading claims about coverage and the use of celebrity endorsements to promote its services . This case serves as a relevant example of how promotional strategies can cross ethical boundaries, leading to consumer exploitation and regulatory intervention. CarShield, operated by NRRM, LLC, and its administrator American Auto Shield, LLC (AAS) , marketed vehicle service contracts to consumers across the United States. These contracts were advertised as providing comprehensive coverage for vehicle repairs, with monthly paym...
