For Your Information: August 31, 2000 Announced Actions for August 31, 2000
Announced publication of a Federal Register notice regarding: The Gramm-Leach-Bliley Financial Privacy Act -- Safeguards Rule
For Your Information: August 25, 2000 Announced Actions for August 25, 2000 Approved action regarding final order in Hoechst AG, et al.; Filing of motion and proposed order in FTC v. Sparta Chem et al.; Final consent agreements with Swisher International, Inc.; Consolidated Cigar Corporation; Havatampa, Inc.; General Cigar Holdings, Inc.; John Middleton, Inc.; Lane Limited; and Swedish Match North America, Inc.
August 24, 2000
For Release: August 24, 2000
California Debt Collection Agency Settles FTC Charges Of Fair Credit Reporting Act Violations
The Federal Trade Commission today announced a proposed settlement with a California-based debt collection agency, Performance Capital Management, Inc. (PCM), under which the company would be fined $2 million and enjoined from what the FTC called "serious violations" of Section 623 of the Fair Credit Reporting Act (FCRA).
For Release: August 24, 2000
Sub-prime Lender Agrees to Pay $350,000 Civil Penalty to Settle Charges of Violating Federal Lending Laws
Action Loan Company, Inc., of Louisville, Kentucky, and its owner and president, Gus Goldsmith, have agreed to pay a $350,000 civil penalty and up to a total of $37,000 in consumer redress as part of a joint settlement with the Federal Trade Commission and the Department of Housing and Urban Development resolving allegations that they violated a host of federal lending and consumer protection laws when making loans secured by real or personal property to consumers.
For Release: August 21, 2000
Surf's Up For Crackdown on "Credit Repair" Scams
The Federal Trade Commission, the Department of Justice and 47 other federal, state and local law enforcement and consumer protection agencies have surfed the Web looking for illegal scams that promise consumers that they can restore their creditworthiness for a fee.
For Your Information: August 18, 2000 Announced Actions for August 18, 2000
Ruled on application from Duke Energy Corporation, et al.; released The Twenty-Second Annual Report to Congress Regarding the Hart-Scott-Rodino (HSR) Premerger Notification Program
For Release: August 16, 2000 FTC Charges Marketer of Dietary Supplement with Making Unsubstantiated ADHD Treatment Claims
Natural Organics, Inc., of Melville New York, and its owner, Gerald A. Kessler, have been charged by the Federal Trade Commission in an administrative complaint with making unsubstantiated claims that its dietary supplement tablets, "Pedi-Active A.D.D.," treat or mitigate Attention Deficit Hyperactivity Disorder (ADHD).
For Your Information: August 10, 2000 Basik Lasik: Tips on Lasik Eye Surgery
Tired of wearing glasses or contact lenses? Considering Lasik eye surgery? Before you sign up for the procedure, get the clear picture on what you can expect.
August 8, 2000
For Release: August 8, 2000 Arizona-Based Telemarketing Firm Settles FTC Charges of Selling Household Goods by Misrepresenting Themselves as Handicapped or Disabled
Handicapped Industries Midwest, Inc., seven other corporations, and six individuals charged by the Federal Trade Commission with selling household goods at inflated prices by misrepresenting that their employees are handicapped or disabled have agreed to an order that would prohibit the defendants from falsely representing that all or most of the persons employed by the various enterprises are handicapped, or that such purchases would benefit the handicapped or disabled.
For Release: August 3, 2000
Business Opportunity Telemarketer Agrees to Pay $100,000 to Settle FTC Fraud Charges
Star Publishing Group, Inc., doing business as National Consumer Services, and its president, Kent Hopkins, have agreed to pay $100,000 in redress to settle Federal Trade Commission charges that they used deceptive and illegal practices in marketing a work-at-home employment guide on how to start a business as an HUD/FHA mortgage insurance refund tracer.