Gas-saving magnets
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Gas-saving magnets are devices installed on the fuel line line of automobiles that purport to reduce fuel consumption by using a "Neodymium Rare Earth Magnet" that "ionizes the gasoline, changing its molecular structure."[1] Supposedly, these ultra-powerful magnets allow the "hydrocarbon clusters" to more easily vaporize. Though anyone with a basically high-school education in chemistry and physics should know that this is utter nonsense (homeskollars beware!), they are nonetheless sold in the US for around $30 and claim to improve fuel-efficiency by 20%, so you can't afford not to buy one.
In 2004 the FTC brought charges against one magnet manufacturer, FuelMax, which eventually settled for 4.2 million US smackaroons,[2] though the devices are now available to the general public through a totally different company, FuelMag.