Displaying 541 - 560 of 6004
FTC Staff Report Finds Large Social Media and Video Streaming Companies Have Engaged in Vast Surveillance of Users with Lax Privacy Controls and Inadequate Safeguards for Kids and Teens
Date
A new Federal Trade Commission staff report that examines the data collection and use practices of major social media and video streaming services shows they engaged in vast surveillance of consumers...
Statement of Chair Lina M. Khan Regarding the Social Media and Video Streaming Service Providers Privacy Report
Date
By
Lina M. Khan, Former Chair and Commissioner
FTC Action Leads to Settlement Against Individual and Company that Operated Business Opportunity Scheme That Took Millions from Consumers
Date
As a result of a Federal Trade Commission lawsuit, an individual and his company who helped operate a sprawling business opportunity scheme known as Blueprint to Wealth have agreed to a settlement...
FTC Sends Refunds to Consumers Harmed by CafePress’s Data Security Failures
Date
The Federal Trade Commission is sending payments totaling more than $370,000 to consumers who were harmed by the data security failures of online merchandise platform CafePress. The payments stem from...
CafePress, In the Matter of
The FTC alleged that CafePress failed to implement reasonable security measures to protect sensitive information stored on its network, including plain text Social Security numbers, inadequately encrypted passwords, and answers to password reset questions. The Commission’s proposed order requires the company to bolster its data security and requires its former owner to pay a half million dollars to compensate small businesses.
The FTC is sending payments totaling more than $370,000 to consumers who were harmed by the data security failures of online merchandise platform CafePress.
Type of Action
Administrative
Last Updated
FTC Matter/File Number
1923209
Case Status
Pending
FTC Orders Shut Down Unauthorized Billing and Credit Card Laundering Schemes, Require Turn Over of Assets Valued at Approximately $40 Million
Date
At the request of the Federal Trade Commission, a federal court today approved settlements that will require the forfeiture of assets valued at about $40 million from a group of defendants who...
FTC Sends More Than $2.6 Million to Consumers Harmed by FloatMe’s Deceptive and Discriminatory Lending Practices
Date
The Federal Trade Commission is sending more than $2.6 million in refunds to consumers harmed by online cash advance provider FloatMe. The company deceived consumers with false promises of “free money...
FloatMe
The Federal Trade Commission is charging online cash advance provider FloatMe and its co-founders with using empty promises of quick and free cash advances to entice consumers to join its service, only to fail to deliver the promised advance amounts, make it difficult to cancel, and discriminate against consumers who receive public assistance. FloatMe is also being charged with making baseless claims that cash advance limits would be increased by an algorithm or another automated system.
Under the terms of a settlement order, FloatMe, as well as its co-founders Joshua Sanchez and Ryan Cleary, are required to provide $3 million to be used to refund customers, stop the company’s deceptive marketing, make it easier for consumers to cancel their subscriptions, and institute a fair lending program.
The Federal Trade Commission is sending more than $2.6 million in refunds to consumers harmed by online cash advance provider FloatMe. The company deceived consumers with false promises of “free money” and discriminated against some consumers who applied for cash advances.
Type of Action
Administrative
Last Updated
Case Status
Pending
FTC Announces Tentative Agenda for September 19 Open Commission Meeting
Date
Today, Federal Trade Commission Chair Lina M. Khan announced that an open meeting of the Commission will be held virtually on Thursday, September 19, 2024. The open meeting will commence at 11 a.m. ET...
FTC Warns Adoption Intermediaries Against Misleading Parents
Date
Federal Trade Commission staff sent letters to 31 adoption intermediaries warning them against misleading consumers with respect to placement rates and placement times, suppressing negative reviews...
FTC Sends Refunds to Consumers Deceived by Genetic Testing Firm 1Health.io Over Data Deletion and Security Practices
Date
The Federal Trade Commission is sending refunds to more than 2,400 consumers related to a settlement with 1Health.io, formerly known as Vitagene, over allegations the genetic testing company left...
1Health.io/Vitagene, In the Matter of
The FTC reached a settlement with 1Health.io over allegations that it left sensitive genetic and health data unsecured, deceived consumers about their ability to get their data deleted and changed its privacy policy retroactively without adequately notifying and obtaining consent from consumers whose data the company had already collected.
Type of Action
Administrative
Last Updated
FTC Matter/File Number
1923170
Case Status
Pending
James D. Noland, Jr. (Success by Health)
A federal court granted the Federal Trade Commission’s request to temporarily shut down an alleged pyramid scheme known as “Success By Health,” and to freeze the assets of the company and its executives.
In May 2023, a federal court sided with the Federal Trade Commission, ruling that James D. Noland, Jr. illegally owned and operated two pyramid schemes—Success By Health (SBH) and VOZ Travel—in violation of the FTC Act and that Noland violated a previous federal court order barring him from pyramid schemes and from misrepresenting multilevel marketing participants’ income potential.
Type of Action
Federal
Last Updated
FTC Matter/File Number
X0100166
Case Status
Pending
FTC Provides Annual Letter Summarizing Debt Collection Activities
Date
The Federal Trade Commission has provided the Consumer Financial Protection Bureau (CFPB) with its annual summary of activities to protect consumers in the debt collection arena. The summary is used...
Displaying 541 - 560 of 6004