(Great Beyond)

FTC Orders Company That Swindled Tens Of Millions From Seniors To Pay $10M Judgment

We’ve said it too many times to count at this point, but scammers who take advantage of senior citizens are the worst. Today, the Federal Trade Commission made sure there was one less scammer out there by permanently barring the mastermind behind a multi-million dollar fraud from all future telemarketing activities. [More]

The marketer of products such as Snuggies and Magic Mesh door covers must pay $8 million to settle charges of deceiving consumers.

Marketer Of Snuggies, Perfect Brownie Pans, Others Must Pay $8M For Allegedly Deceiving Consumers

The marketer of popular “as-seen-on-TV” products such as Snuggies, Magic Mesh door covers and Perfect Brownie Pans must pay $8 million to resolve federal and state charges it deceived consumers with promises of buy-one-get-one-free promotions and then charged exorbitant fees for processing and handling, nearly doubling the cost of the products. [More]

(Ken Fager)

‘Microsoft Tech Support’ Phone Scammer Threatens To Cut Man Into Little Pieces & Throw Them Into River

We already know that scammers use a variety of unsavory tactics when trying to take advantage of consumers; from impersonating federal agents to threatening jail time. But an alleged fraudster of the so-called “Microsoft Tech Support” scam took things to a decidedly nastier level when his hustle began to unravel. [More]

Consumers Lost $1.7B To Scams In 2014, Imposter Crimes On The Rise

Consumers Lost $1.7B To Scams In 2014, Imposter Crimes On The Rise

For the 15th consecutive year, identity theft topped the Federal Trade Commission’s list of top consumer complaints. But its reign could be coming to an end following a significant increase in the number of scams in which con artists impersonating government agents and law enforcement personnel part consumers from their money.
[More]

(Sybren Stüvel)

Don’t Lie About Paying For Online Reviews. It’s Against The Law

In this era of social media and crowdsourced reviews, businesses with happy customers do what they can to publicize positive feedback. But if a company compensates customers for reviews and fails to disclose that tit-for-tat relationship, it’s illegal and deceptive marketing. [More]

(nvaine)

Feds & NY Attorney General Team Up To Sue Abusive Debt Collectors

Just like one of those action movies where a federal agent gets paired up with a small-town sheriff who knows all the bad guys in the area, the Federal Trade Commission has brought its crackdown on abusive debt collectors to New York and partnered with the Empire State’s attorney general to shut down a pair of unsavory operators. [More]

(Mike Mozart)

Privacy Advocates Call For Investigation Into Samsung Smart TVs

Samsung’s Smart TVs have come under scrutiny recently after people learned the company’s privacy policy hinted that things we say within earshot of our televisions may be recorded and uploaded to third-party transcription services. While executives for the company have worked to calm people’s fears, a privacy group is now asked federal regulators to take a look into the matter. [More]

(evil robot 6)

SCOTUS: Dentists Can’t Bar Other Businesses From Offering Teeth-Whitening Services

When you want to get your pearly whites professionally polished to their pearliest and whitest, going to the dentist doesn’t have to be the only option, the Supreme Court of the United States ruled today. The justices had looked at a case brought by the Federal Trade Commission against a North Carolina state board dominated by dentists that the agency said had unlawfully excluded non-dentists from teeth-whitening services. [More]

(Alan Cleaver)

FTC Files Lawsuit To Shut Down Deceptive Payday Loan Debt Relief Operation

It’s probably safe to assume that consumers stuck in the payday loan debt-trap have enough financial issues without being deceived by a company promising to make their debts disappear. There may be one less unsavory debt relief company around after the Federal Trade Commission sued to stop an operation that targeted millions of consumers. [More]

MelApp is one of two melanoma detection apps that came under scrutiny by the FTC.

Feds Warn: These Melanoma Detection Apps Aren’t Supported By Scientific Evidence

Early detection of cancer can help save lives and make treatment easier, so the idea of mobile app that can spot possible skin might seem like a godsend… if there were any science to back it up. [More]

FTC: No Scientific Proof That Mosquito Shield Bands Actually Work

FTC: No Scientific Proof That Mosquito Shield Bands Actually Work

Mint oil smells very nice, but the marketing materials for Viatek’s Mosquito Shield Bands claimed that the plant substance can do more than perfume the air. Their plastic bands were supposed to use the oil to create a 5-foot mosquito-free zone around the wearer. Do they work? No, the Federal Trade Commission says. Not really. [More]

(Don Buciak II)

FTC Challenges Sysco Acquisition Of US Foods

Sysco’s in-person meetings with the Federal Trade Commission didn’t have the desired effect. The foodservice supply giant wanted approval for its planned acquisition of competitor U.S. Foods, but the FTC thinks that Sysco wants to gobble up too much of the market. The commissioners voted 3-2 to block the merger. [More]

(Don Buciak II)

Sysco Meets With FTC Over Foodservice Voltron Proposal

Way back in 2013, we shared the news that Sysco, the country’s biggest supplier to restaurants and other food-service facilities, wanted to acquire its next-biggest competitor, US Foods. Yet the Federal Trade Commission still hasn’t come to a decision about that proposal. FTC officials don’t agree on the question of whether Sysco plans to sell enough of its business to make sure the restaurant supply business stays competitive. [More]

(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]