Note: Steve Baker, Director of the FTC’s Midwest Region Office, will take reporters’ questions by phone:
Date: October 29, 2014
Time: 2 p.m. ETCall-in: (800) 230-1951, confirmation number 341247Call-in lines, for news media only, will open at 1:45 p.m.
Note: A conference call for media with FTC Chairwoman Edith Ramirez will occur as follows:
Date: October 28, 2014
Time: 2:00 p.m. ET
Call-in lines, which are for media only, will open 15 minutes prior to the start of the call. Chairwoman Ramirez and FTC staff will be available to take questions...
A company that sold credit and debit card payment processing services to small businesses has agreed to settle Federal Trade Commission charges that it used deception and unsubstantiated claims when signing businesses up for its services and processing equipment. The defendants also agreed to...
At the request of the Federal Trade Commission, a federal court has shut down a company that scammed computer users by tricking them into paying hundreds of dollars for technical support services they did not need, as well as software that was otherwise available for free.
A federal district judge has ordered a business opportunity company and its president to pay more than $25 million in refunds to consumers who were conned with bogus claims that they could earn substantial income working at home. In granting the FTC’s motion for summary judgment, the court found...
A group of marketers who allegedly tricked consumers into buying phony health insurance are permanently banned from selling healthcare-related products under a settlement with the Federal Trade Commission.
Educational services company WordSmart Corporation and its president have agreed to settle Federal Trade Commission charges that they deceptively marketed the company’s programs to the parents of school-age children in advertising that included a television infomercial featuring quiz show host...
A sweepstakes operator that took millions of dollars from consumers throughout the United States and dozens of other countries, including Canada, the United Kingdom, France and Japan, is banned from the prize promotion business under a settlement with the Federal Trade Commission.
At the Federal Trade Commission’s request, a federal court halted a telemarketing scheme that tricked senior citizens by pretending to be part of Medicare, and took millions of dollars from consumers’ bank accounts without their consent. As part of its ongoing work to protect every community from...
FTC Hosts Twitter Chat, Tuesday, September 23, 2014, 3:00 PM EDT
FTC staff will answer questions about its Butterfly Labs case on Twitter at 3 p.m. today. Follow @FTC, and tweet questions with the hashtag: #AskFTC.
See FTC Twitter chats to learn more.
At the request of the Federal Trade Commission, a federal court has shut down Butterfly Labs, a Missouri-based company that allegedly deceptively marketed specialized computers designed to produce Bitcoins, a payment system sometimes referred to as “virtual currency.”
At the Federal Trade Commission’s request, a U.S. district court in Florida has temporarily halted a diploma mill that allegedly grossed more than $11 million from marketing and selling fake high school diplomas online to consumers nationwide.
La Comisión Federal de Comercio (FTC, por su sigla en inglés) ha frenado dos estafas de atención de la salud que fueron diseñadas para engañar a los consumidores y lograr que pagaran por tarjetas de “descuento” falsas, que de acuerdo a lo que los estafadores declararon falsamente, les ofrecerían...
The Federal Trade Commission has halted two health care scams that were designed to trick consumers into paying for phony “discount” cards, which the scammers falsely claimed would provide consumers with health insurance, or help them pay for prescription drugs.
Can you spot a government imposter?
Even if your phone’s caller ID says “FTC” or “IRS,” or shows Washington, DC’s “202” area code, it could still be a scam. Scammers know how to show fake information on caller ID.
The Federal Trade Commission asked a federal court to shut down a scam that targeted financially distressed Americans by pitching a phony debt relief and credit repair program, and by falsely claiming the program was provided and funded by the federal government and endorsed by President Obama.
An email spammer and his company will pay $350,000 to resolve Federal Trade Commission charges that they sent deceptive emails in advance of the Affordable Care Act (ACA) roll-out, falsely claiming that consumers would be violating the law if they did not immediately click a link to enroll in...
The final defendant charged by the Federal Trade Commission in a business opportunity scheme that he falsely claimed would enable consumers to earn a significant income by affiliate marketing with websites of well-known companies such as Prada, Sony, Louis Vuitton, and Verizon has agreed to settle.
Ensuring that consumers are protected in the growing mobile environment is a top priority at the FTC.
A U.S. District Court has ordered the operators of several international tech support scams to pay more than $5.1 million, acting on Federal Trade Commission charges that they masqueraded as major computer companies, tricked consumers into believing their computers were riddled with malware and...