Tag: Credit and Finance

Displaying 141 - 160 of 733 results.

The Federal Trade Commission, through an administrator, is mailing checks totaling nearly $3 million to over 6,300 consumers who were victims of a mortgage relief scheme. Using names such as Prime Legal Plans and Reaching U Network, the defendants allegedly made false promises that they could help...
We like solving puzzles – from crosswords and anagrams to that byzantine conspiracy wall constructed by Claire Danes' character on "Homeland."  So it doesn't faze FTC staff when companies use complicated corporate structures to hide what they're up to.  Those skills came in handy in...
A Southern California debt collection operation, Asset Capital and Management Group, will surrender more than $4 million for consumer redress to settle Federal Trade Commission charges that it extorted payments from consumers using false threats. The defendants behind the scheme will turn over...
Consumers attempting to save their homes from foreclosure will receive refunds from Prime Legal Plans and other defendants of a mortgage relief scam and other debt relief services. Nearly $3 million dollars will be mailed to 6,338 victims on May 28, 2014. Refunds will be based on a percentage of...
We try to keep a sense of humor about lawyer jokes, but given the harm to consumers, it's no laughing matter when debt collectors mimic attorneys.  The Fair Debt Collection Practices Act and the FTC Act establish that it's illegal for debt collectors to falsely claim to be attorneys...
The owner of a Houston-based debt collection operation that the FTC charged used insults, lies, and false threats of imprisonment to collect on payday loans will surrender his assets, estimated to be worth $550,000, to pay restitution to consumers who were charged unauthorized fees.
The FTC is mailing checks totaling over $3.7 million to 26,176 consumers whose bank accounts were debited without their consent by EDebitPay LLC, Dale Paul Cleveland and William Wilson. The defendants deceptively offered a $10,000 credit line that was really a membership to a website where...
An online operation in the business of finding potential borrowers for mortgage companies will pay a $225,000 civil penalty to settle Federal Trade Commission charges that it deceived consumers about the terms of the mortgages.
The Federal Trade Commission is hosting a seminar on Consumer Generated and Controlled Health Data tomorrow, and invites webcast viewers to submit questions online. Staff will live-tweet the seminar, and take questions via Twitter, Facebook, and email.
An administrator working for the Federal Trade Commission today began mailing refund checks to more than 4,800 consumers allegedly defrauded by National Card Monitor, LLC (National), a telemarketing operation that promised to substantially lower consumers’ credit card interest rates for an advance...
The Federal Trade Commission is mailing checks totaling over $3.7 million to 26,176 consumers, whose bank accounts were debited without their consent by the defendant, EDebitPay LLC. The defendant deceptively offered a $10,000 credit line that was in reality simply a membership to a website where...
The Business Blog reflects sources some might describe as, well, eclectic – everything from Supreme Court jurisprudence to 80s TV.  But today’s post comes from a message on a neighborhood listerv in Washington, D.C.  It starts with a scam, but ends on a note that should be of...
Cramming unauthorized charges onto phone bills violates the FTC Act, of course.  But depending on the circumstances, cases like that also can result in criminal prosecution.  Two brothers who bilked consumers out of millions as part of a cramming scam are now behind bars – giving a...
TIME: 9:00 a.m. to 5:00 p.m. CT (Registration at 8:30 a.m.) WHERE: Washington University School of Law, Anheuser-Busch Hall, Bryan Cave Moot Courtroom, Room 310, St. Louis, Missouri
April is Financial Literacy Month, and the Federal Trade Commission, the nation’s consumer protection agency, has information to help you make the most of your money no matter who you are – student, young adult, parent, service member on active duty, veteran or grandparent.

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