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A bracelet worn by high profile sports stars that claims to improve athletic performance has

been exposed as a sham by the consumer watchdog.The Australian Competition and Consumer

Commission (ACCC) has ordered Power Balance Australia to refund all customers who feel they

were misled by the supposed benefits of Power Balance bracelets

power balance wristband.The

wristbands were touted as providing better balance, strength and flexibility by working with

the wearer's "natural energy field".But ACCC chairman Graeme Samuel said in a statement:

“Power Balance has admitted that there is no credible scientific basis for the claims and

therefore no reasonable grounds for making representations about the benefits of the product.