(James LeVeque)

FTC Orders Sweepstakes Promoter To Pay $9.5M For Deceiving Consumers…Again

Just like some people have a habit of entering as many sweepstakes as possible, some scammers can’t break their addiction to promoting bogus sweepstakes. Just ask the woman who now must pay $9.5 million because she continued pushing fake sweepstakes even after being caught by the feds. [More]

(Karen Chappell)

Mortgage Relief Pitchmen Settle FTC Charges Of Deceiving Consumers, Collecting Illegal Fees

When seeking to refinance or modify a home loan, consumer advocates urge consumers to seek assistance from professionals that have no financial stake in the outcome. However, that doesn’t appear to be the case for a group of pitchmen who have agreed to settle Federal Trade Commission charges they conned consumers into paying hefty fees for worthless mortgage relief services. [More]

(gabster_ro)

Appeals Court Sides With FTC In POM Wonderful False Advertising Case

The Federal Trade Commission hasn’t let the bee out of its bonnet over health claims made by POM Wonderful that it says amount to deceptive advertising, having kept on the company’s case since 2010. Now, eight months after POM made its case before a federal appeals court that it’s not being misleading about the things its juice can do, the court is siding with the FTC. [More]

(Stephan De Witte)

Feds Take Action Against Pair Of Deceptive Auto Title Lenders

When it comes to short-term, high-interest loans, payday lenders may get most of the headlines, but auto title loans can be just as perilous for borrowers, especially when the lenders use deceptive marketing. This morning, the Federal Trade Commission announced its first ever legal actions involving title loan operations that misled borrowers. [More]

(dirtyblueshirt)

FTC Requires Safeway, Albertsons To Sell 168 Stores Before Completing $9.2B Merger

Last March Albertsons supermarket owners Cerberus Capital Management and AB Acquisition LLC announced that they would acquire the Safeway chain of stores in a merger valued at more than $9 billion, but as with most deals of such magnitude, the new coupling between the second- and fifth-largest grocers in the United States had to pass regulatory muster before they could proceed down the aisle. Today, the chains announced they would sell 168 stores in eight states in order to make their matrimonial dreams a reality. [More]

Marketers Of Green Coffee Bean Weight-Loss Products Must Refund $9M

Marketers Of Green Coffee Bean Weight-Loss Products Must Refund $9M

By now we should all be fairly familiar with the saga of Dr. Oz, the supposed “miracle” weight-loss benefits of green coffee bean extract, and the Federal Trade Commission’s mission to put a stop to the craze by shutting down marketers and online sellers that created fake news sites, fake reporters and relied on bogus studies to sell the product. The Commission’s work continued Monday when one such company agreed to pay $9 million in consumer redress to settle charges of deceptively marketing the products. [More]

(Chris Blakeley)

FTC: Credit Report Errors Continuing To Linger Years After Being Found

Two years ago, a Federal Trade Commission study found a surprisingly large percentage of consumers had discovered, and had corrected, errors on their credit reports. There were also several people who believed there were errors with their reports but had not yet reached a resolution. A new follow-up study from the FTC finds that nearly 70% of these disputes from 2012 are still unresolved. [More]

(Alan Bruce)

Dish Found Liable For Tens Of Millions Of Calls In Violation Of Federal Telemarketing Rules

More than five years after being sued by the Federal Trade Commission for years of allegedly illegal telemarketing calls, Dish Network has been held liable by a federal court in Illinois for tens of millions of calls made in violation of the Telemarketing Sales Rule (TSR) beginning as far back as 2007.
[More]

(scurzuzu)

Online Payday Lending Companies To Pay $21 Million To Settle Deception Charges, Must Waive $285M In Loans

It’s no secret that payday lending companies charge high interest rates and a butt-load of fees for their small dollar, short-term loans. Payday lending companies break federal laws by not being upfront about the often highly inflated fees they charge. The FTC today jumped in to block two online payday lending companies from preying on consumers with the highest fine ever levied against a payday lender. [More]

(Steve Depolo)

Family Dollar Urges Shareholders To Take Dollar Tree Deal, Call Proposal A “Virtual Certainty”

Just weeks after Family Dollar appeared to show a change of heart in the months-long dollar store soap opera, officials with the company are once again pushing for approval of a deal with smaller rival Dollar Tree despite a heftier bid by Dollar General. [More]

Note: Not the actual dog involved in this lawsuit. (photo: colonelchi)

Yelp Says That The FTC Investigation Of Yelp Is Complete

The Federal Trade Commission has received a lot of complaints about Yelp––more than 2,000 from 2008 through last spring. These led to what Yelp calls “a deep inquiry into our business practices” by the FTC, which has lasted almost a year. Today, Yelp announced that the feds have closed their investigation, and won’t be taking any action against Yelp regarding its business practices. [More]

(danobot)

FTC, State Of Florida Shut Down Deceptive Online Directory Companies, Order $1.7M In Redress

For a small business owner trying to reach customers, advertising in an online directory might sound like a good idea. But there are also scammers out there looking to take advantage of these businesses by charging them for directory listings that never materialize. Just ask the victims of two “directory” operators that allegedly bilked millions of dollars from small businesses. [More]

(Ron Dauphin)

T-Mobile Agrees To Pay $112.5M To Settle FTC Mobile-Cramming Lawsuit

Rounding out a week punctuated by new accusations of mobile carriers overcharging consumers using a practice known as “bill-cramming,” one past lawsuit is being put to rest. T-Mobile agreed today to shell-out at least $112.5 million to settle a Federal Trade Commission lawsuit that the “Un-carrier” tacked-on unwanted third-party charges to customer’s bills. [More]

(frankieleon)

FTC Takes Action Against Auto Dealers For Violating Order Prohibiting Deceptive Advertising

Here’s the thing, if the Federal Trade Commission tells you not to deceive consumers with your ads or you’ll have to pay a hefty fine, they mean it. That’s the case for two auto dealerships that allegedly violated FTC orders put in place in 2012. [More]

(Michael Saechang)

FTC Shuts Down Two Tech Support Schemes That Bilked $120M From Consumers

Sometimes when you can’t fix your computer yourself you turn to the experts. Unfortunately, some of those tech wizards are only out to help themselves. That appears to be the case for two Florida-based companies that allegedly conned tens of thousands of consumers – many of whom were senior citizens – out of $120 million by deceptively marketing computer software and tech support. [More]

(Chris Blakeley)

Operators Of “Free Access To Credit Scores” Scam To Return $22M To Victims

Consumers looking for a good deal might be tempted to take unknown companies up on their offer of providing credit scores for free. But those promises can often be too good to be true. Just ask consumers bilked out of millions of dollars after falling for once such “deal”. [More]

TRUSTe To Pay $200K Fine In Settlement With FTC Over Allegations It Deceived Consumers

TRUSTe To Pay $200K Fine In Settlement With FTC Over Allegations It Deceived Consumers

In this day and age where a new security breach is announced every other week, some consumers may be reassured that their web surfing is secure after seeing a TRUSTe certificate plastered on the bottom of a web page. But we’re finding out that’s not always the case, as the Federal Trade Commission announced a settlement with TRUSTe over allegations it deceived consumers about its recertification program for companies’ privacy practices. [More]

(Louis Abate)

FTC Takes First Action Against Patent Trolls For Deceptive Sales, Phony Legal Threats

For the first time in its history, the Federal Trade Commission has brought action against a patent assertion company that allegedly used nefarious tactics in trying to pry money from other companies accused of violating patents it owned. [More]