Federal Register Notice
Agency Information Collection Activities; Proposed Collection; Comment Request (Regulation V)
Date
Displaying 101 - 120 of 641
FTC Takes Action to Ban Payment Processor From Debt Relief Processing
Date
The Federal Trade Commission obtained an order permanently banning a payment processor that facilitated a fraudulent student loan debt relief scheme from processing debt relief payments. The order...
FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches
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The Federal Trade Commission today announced a newly updated rule that strengthens the data security safeguards that financial institutions are required to put in place to protect their customers’...
Funder and Servicer of Online Trading Academy Payment Plans Will Forgive Debt in Settlement with FTC
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The funder and servicer of the payment plans used by consumers to pay for expensive and often ineffective investment “trainings” from Online Trading Academy (OTA) will be required to offer debt...
FTC Returns Money to Consumers Harmed By Phantom Debt Collector
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The Federal Trade Commission is returning $772,512 to consumers who were targeted by a debt collector who unlawfully brokered and collected fake debts that the consumers did not owe. According to the...
FTC Returns $2M to Consumers Who Paid High Upfront Fees to Get “Funding” for Expensive, Ineffective Training Programs
Date
The Federal Trade Commission is sending 8,843 checks totaling more than $2 million to consumers who were harmed by a company that charged them money for “funding” to pay for expensive and often...
Bogus Debt Collectors Permanently Banned from Collections in FTC Settlement
Date
An Atlanta-based debt collection company and its owners will be permanently banned from the debt collection industry under the terms of a settlement with the Federal Trade Commission. In its complaint...
Federal Register Notice
16 CFR Part 640 and 698: Duties of Creditors Regarding Risk-Based Pricing Rule
Date
Federal Register Notice
Agency Information Collection Activities; Submission for OMB Review; Comment Request (Regulations B, E, M, and Z)
Date
FTC Sends Refund Checks to People Harmed by Abusive Debt Collector
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The Federal Trade Commission is sending checks to 603 people who paid money they did not owe to a debt collector that used deceptive and abusive collection methods. In 2018, the FTC and State of New...
Claims Process Opens for Consumers Who Were Victimized by Fraudulent MoneyGram Transfers
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Consumers who lost money to fraudsters and paid through MoneyGram between 2013 and 2017 can now file a claim to get their money back. This claims process is the result of settlements with the Federal...
Federal Register Notice
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension (Regs BEMZ)
Date
FTC Data Shows Huge Spike in Cryptocurrency Investment Scams
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Since October 2020, consumers have reported losing more than $80 million to cryptocurrency investment scams, an increase of more than ten-fold year-over-year, according to a new data analysis from the...
FTC, CFPB Send Notice Letters to Landlords Regarding Pandemic Eviction Moratorium
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The acting heads of the Federal Trade Commission and Consumer Financial Protection Bureau (CFPB) have sent joint notification letters to the nation’s largest apartment landlords, which collectively...
FTC Sends More Than $11M in Refunds to Consumers Affected by Credit Card Interest Rate Reduction Scam
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The Federal Trade Commission is sending full refunds totaling more than $11 million to consumers who lost money to a bogus credit card interest rate reduction scheme operated by E.M. Systems &...
Cash Advance Firm to Pay $9.8M to Settle FTC Complaint It Overcharged Small Businesses
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Yellowstone Capital, a provider of merchant cash advances, will pay more than $9.8 million to settle Federal Trade Commission charges that it took money from businesses’ bank accounts without...
FTC, Illinois AG Send More than $4M to Consumers Affected by Stark Law Phantom Debt Scheme
Date
The Federal Trade Commission and the Office of the Illinois Attorney General are sending payments totaling more than $4 million to more than 10,000 consumers who lost money to the Stark Law phantom...
FTC Staff Issues Note on Holder Rule and Large Transactions
Date
The staff of the Federal Trade Commission has issued a note correcting previous staff guidelines on the FTC’s Trade Regulation Rule Concerning Preservation of Consumers’ Claims and Defenses—commonly...
Beam Financial Inc.
The FTC sued the operators of a mobile banking app, alleging that they falsely promised users high interest rates on their accounts and “24/7” access to their funds.
Type of Action
Federal
Last Updated
FTC Matter/File Number
182 3177
Case Status
Pending
Displaying 101 - 120 of 641