PactInc
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Fitness app company settles with FTC for nearly $1 million
If you're going to create a mobile app that offers monetary rewards for meeting fitness goals, you should probably make sure you back your promises up. The Pact fitness app offers users a way to incentivize workouts by charging a fee when users miss their fitness goals. If goals are met, the app also promises to pay a share of the punishment fees with successful members. According to the FTC, who filed a complaint against the developer Thursday, tens of thousands of Pact users have been charged the penalty, even when they met their goals or canceled the service. The Commission also said that none of the users received a payout, either. The developer has now settled the case with the FTC for more than $940,000.
