Tag: Finance

Displaying 21 - 40 of 254 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...
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...
Bajo los términos de un acuerdo resolutorio con la Comisión Federal de Comercio (FTC, por su sigla en inglés) y los estados de Illinois, Kentucky y Carolina del Norte, los operadores de un esquema piramidal con base en Kentucky, que en los últimos cuatro años inscribieron a más de 350,000...
The operators must also surrender assets totaling at least $7.75 million, which will be returned to consumers.
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 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...
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
A South Dakota-based payday lending operation and its owner will pay $967,740 to the U.S. Treasury as part of a settlement resolving FTC charges that they used unfair and deceptive tactics to collect on payday loans and forced debt-burdened consumers to travel to South Dakota and appear before a...
Bajo los términos de un acuerdo resolutorio con la Comisión Federal de Comercio (FTC), los dos principales propietarios de Rincon Debt Management, Jason R. Begley y Wayne W. Lunsford, han aceptado ceder activos por un valor de más de $3.3 millones de dólares que se usarán para proveer rembolsos a...
The two principal owners of Rincon Debt Management, Jason R. Begley and Wayne W. Lunsford, will surrender more than $3.3 million worth of assets that will be used to provide refunds to victims, under a settlement with the Federal Trade Commission.  The two defendants also are permanently banned...
U.S. District Judge Gloria M. Navarro handed the Federal Trade Commission a significant victory in its crackdown on deceptive payday lenders, affirming a magistrate judge’s finding that the defendants in its AMG Services case are within the reach of FTC enforcement actions, even if they are...
At the request of the Federal Trade Commission, a U.S. district court halted a debt collection operation that the agency charged with violating the Federal Trade Commission Act and the Fair Debt Collection Act by misrepresenting that they were with the government, falsely accusing consumers of...
The Federal Trade Commission filed an amicus brief in the U.S. Court of Appeals for the Sixth Circuit, arguing that a federal district court erroneously dismissed a consumer’s class action complaint against a debt collector. Filed in the U.S.
The Federal Trade Commission and East Bay Community Law Center invite you to attend a conference on Working Together to Advance Protections for Immigrant Consumers. The conference will bring together legal services lawyers, law enforcement attorneys, and consumer advocates from...
Over the last year, the Federal Trade Commission has continued aggressive enforcement of the Fair Debt Collection Practices Act by bringing or resolving nine debt collection cases, according to the agency’s annual summary of debt collection activities.

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