Listen up, people, here is how it works. You take the Derma Wand and rub it on your face, “giving yourself a non-surgical face lift.” What’s not to like? Why aren’t you already calling the 800 number to get yourself one?
According to the SEC, at least, sales of the Derma Wand were not quite as advertised. Today, the SEC charged International Commercial Television Inc. and its former CFO, Karl Redekopp, with fraudulently boosting ICTV’s earnings by reporting sales of the Derma Wand while the products still sat unsold in the company’s warehouse.
