Telemarketers Took Millions From Senior Citizens In Medicare Card Scam

Telemarketers Took Millions From Senior Citizens In Medicare Card Scam

There’s now one less unsavory, immoral, disrespectful group scamming senior citizens of their savings, as federal regulators took action against the operators of a scheme in which telemarketers pretended to be Medicare representatives in order to bilk millions of dollars from older consumers. [More]

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Sen. Al Franken Calls For Federal Investigation Into Apple Music

In response to concerns arising from the recent launch of Apple Music, U.S. Senator Al Franken called on both the Department of Justice and the Federal Trade Commission to investigate the possibility that the tech giant may be creating an anticompetitive environment in the streaming music market. [More]

Complaint Alleges LifeLock Violated 2010 FTC Settlement By Continuing To Make False Claims

Complaint Alleges LifeLock Violated 2010 FTC Settlement By Continuing To Make False Claims

Back in 2010, identity theft protection company LifeLock entered into an $11 million settlement with federal regulators and several states regarding its use of allegedly false claims regarding the effectiveness of its services. According to those same regulators, the company has violated that agreement by continuing to make claims that fail the truth test.  [More]

Marketers Of Memory Supplement Must Pay $1.4M To Settle Deceptive Advertising Charges

Marketers Of Memory Supplement Must Pay $1.4M To Settle Deceptive Advertising Charges

Using fake news stories and trumped-up, unsubstantiated claims, the marketers of a supplement that claimed to be the answer to memory loss problems sold nearly $100 million worth of the stuff in just a few years. Now they have to fork over $1.4 million to federal and state authorities for making these deceptive statements, and face millions more in penalties if they fail to comply. [More]

Regulators Shut Down Debt Relief Operation That Took Millions From Consumers

Regulators Shut Down Debt Relief Operation That Took Millions From Consumers

The Florida Attorney General’s Office and the Federal Trade Commission make a pretty effective pair when it comes to putting an end to companies and operations taking advantage of consumers. Just a day after the regulator and state’s attorney general teamed up to sue a company behind medical alert robocalls, the two entities announced they shut down a debt relief scheme that took million from consumers with credit card debt. [More]

Operators Of Massive Payday Loan Scheme Banned From Industry

Operators Of Massive Payday Loan Scheme Banned From Industry

The masterminds behind a massive payday loan scheme have agreed to be banned from the consumer lending industry to settle federal regulators’ charges they bilked millions of dollars from customers by trapping them into loans that were never authorized. [More]

Dollar Tree, Family Dollar Will Sell Off 330 Stores To Get Merger Approval

Dollar Tree, Family Dollar Will Sell Off 330 Stores To Get Merger Approval

A year after the sordid dollar store love triangle began and nearly seven months after Family Dollar chose Dollar Tree to have and to hold for a mere $9.2 billion, the merger process appears to be almost over with federal regulators officially asking the new couple to ditch 330 stores. [More]

Victims Of Debt Collection Scam To Start Receiving $4M In Refunds From FTC

Victims Of Debt Collection Scam To Start Receiving $4M In Refunds From FTC

More than a year after the Federal Trade Commission settled charges with a massive debt collection operation that extorted payments from consumer using false threats, those affected by the deceptive practices are finally seeing a bit of restitution in the form of checks totaling $4 million. [More]

Hyundai, Nissan Dealerships In Las Vegas Settle Deceptive Advertising Complaints

Hyundai, Nissan Dealerships In Las Vegas Settle Deceptive Advertising Complaints

Back in March, federal regulators teamed up with their Canadian counterparts to crack down on auto dealers’ deceptive, fraudulent practices. While that operation culminated in six enforcement actions resulting in more than $2.6 million in judgments and consumer refunds, that wasn’t enough for the Federal Trade Commission, as the agency has now charged two Las Vegas auto dealers with similarly misleading practices. [More]

The FTC and New Jersey AG's office allege that the makers of the Prized app used the program to infect customers phones with malware for their own use.

App Developer Settles Charges It Hijacked Consumers’ Phones To Mine Virtual Currency

Some reward programs aren’t really rewarding. In fact, some are downright harmful to consumers. That was apparently the case with an Ohio-based smartphone app developer that recently agreed to settle charges that it hijacked consumers’ phones through a seemingly innocuous gaming app. [More]

The marketers shut down by the FTC hawked "risk free trials" of a variety of skincare products that weren't actually free.

FTC Says Some Of Those “Risk-Free Trials” For Skincare Products Are Bogus, Shuts ‘Em Down

Sometimes it’s hard to ignore the lure of a “risk-free trial” when it comes with a product that promises to leave your skin youthful, radiant and as soft as a baby’s bottom. But as the Federal Trade Commission once again reminds us, those deals often come with strings attached and hollow promises. [More]

T-Mobile Customers Have 14 Days To Claim A Piece Of $112.5M Cramming Settlement

If your to-do list currently has a spot marked “apply for cramming refund from T-Mobile,” then you’d better hop to it. Individuals who currently have or had wireless service with the “Uncarrier” in the last five years have just 14 more days (the deadline is June 30) to apply for a refund as part of the mobile company’s $112.5 million settlement with the Federal Trade Commission for tacking-on third-party charges to customers’ bills – a practice known as cramming. You can visit the settlement website to see if you’re eligible or to submit a claim. [WTNH-TV]

The FTC's latest fotonovela depicts Myriam and Pedro's issues dealing with the underreported and often devastating Notario scheme.

FTC Releases Spanish-Language Graphic Novel Warning Consumers Of Notario Scam

It’s not unusual for the Federal Trade Commission to issue advisories or warnings about potentially harmful frauds, scams and schemes. Today, the agency took a more unique approach to alerting Spanish-speaking consumers to the often-underreported “notario” deception by releasing a graphic novel on the subject. [More]

(Rosalyn Davis)

Reynolds, Lorillard Must Sell Salem, Kool, Maverick & Winston Brands To Gain Approval Of $27.4B Mega-Cigarette Merger

You may recall that last July the No. 2 and No. 3 cigarette brands in the country announced they were planning to go all in on a $27.4 billion merger. This week the two companies received the blessing from federal regulators, as long as they divest four cigarette brands to a UK-based company. [More]

Ashworth College agreed to settle charges it misled students.

For-Profit Educator Ashworth College Settles FTC Charges It Misrepresented Career Opportunities, Transfer Credits

Federal regulators’ crackdown on the for-profit education industry continued today as Georgia-based Ashworth College agreed to settle Federal Trade Commission charges the company misled students about career training and credit transfers. [More]

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FTC Puts A Stop To Three Debt Collection Operations Using Threatening Text Messages, Robocalls

For the most part, we can’t say many glowing things about the debt collection industry that has, in the past, been known for using a litany of abusive and deceptive practices to pry money from consumers. Three such companies will no longer be bothering people after the Federal Trade Commission temporarily shut down the operations for engaging in nearly all of the hallmarks of shady collectors: threatening lawsuits or arrest, impersonating law enforcement and government officials and illegally contacting supposed debtors. [More]

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Company That Makes Wet Wipes Agrees Not To Call Products “Flushable” Unless It Can Prove It

After pleas from sewage workers and hearing from plumbers who say flushable wipes are actually not flushable or good for sewer systems, one company that makes wet wipes for retail partners has agreed to stop marketing its products as safe for flushing, unless it can substantiate that claim. [More]

The FTC launched a new tool today that aims to make it easier for consumers to recover from identity theft.

FTC Rolls Out Interactive Resource For Victims Of Identity Theft

With seemingly daily reports of new data breaches and related scams, it’s no secret that identity theft is now more of a concern than ever. In an effort to help victims work their way through the process of restoring and protecting their identities, the Federal Trade Commission has launched a new online interactive tool. [More]