The Federal Trade Commission is mailing 10,387 checks totaling more than $969,000 to consumers who lost money to a credit card interest rate reduction scam.
Federal and state law enforcers and industry members are heading to Dallas on September 29, 2015, to talk about that other Big D – debt collection.
Last month’s Debt Collection Dialogue in Buffalo – sponsored with the New York AG’s Office – drew nearly 200 participants, including...
Record-breaking refund programs are usually cause for celebration. But the FTC’s largest-ever debt collection redress case offers sobering insights into the lengths some companies will go to illegally squeeze the last dime out of people already in financial distress.
Para resolver los cargos presentados por la Comisión Federal de Comercio (FTC, por su sigla en inglés) por estafar por millones de dólares a consumidores hispanohablantes de todo el país exigiéndoles el pago de deudas ficticias, los operadores de un esquema fraudulento de cobranza de deudas han...
The operators of a fraudulent debt collection scheme have agreed to be banned from the debt collection business and telemarketing, to settle Federal Trade Commission charges that they bilked millions of dollars from Spanish-speaking consumers throughout the country by demanding that they pay bogus...
A federal court has halted, and frozen the assets of, a nationwide debt relief telemarketing scam that bilked millions of dollars from consumers, pending resolution of allegations made by the Federal Trade Commission and the State of Florida.
The operators of a payday lending scheme that allegedly bilked millions of dollars from consumers by trapping them into loans they never authorized will be banned from the consumer lending business under settlements with the Federal Trade Commission.
“The Federal Trade Commission works for America’s consumers in every community.” I’ve lost count of how many times I’ve said those words or heard them from my colleagues – and that’s a good thing. Of course, business owners are consumers, too, and the FTC works for you in two ways....
The Federal Trade Commission will host the third of its Debt Collection Dialogues in Atlanta, GA, on November 18, 2015. The FTC held the first Dialogue in Buffalo, NY, on June 15. The second will be held in Dallas, TX, on September 29.
The Federal Trade Commission will host the second of its Debt Collection Dialogues in Dallas, TX, on September 29, 2015. The FTC held the first Dialogue in Buffalo, NY, on June 15. The third will be held in Atlanta, GA, on November 18.
The Federal Trade Commission is mailing almost 95,000 checks totaling approximately $4 million to consumers who lost money to a debt collection operation that extorted payments from them using false threats.
They say what happens in Vegas stays in Vegas. But here’s one thing that doesn’t belong in Vegas or anywhere else: ads that draw buyers in with eye-catching terms while burying the “gotchas” in fine print. In separate law enforcement actions, the FTC alleged that two Las Vegas...
Defendants’ app installed malware that left phones with drained batteries, depleted data plans
The online ads offer consumers a “risk-free trial” of skincare products from companies that claim to be accredited by the Better Business Bureau with an A- rating. How could that possibly be deceptive or unfair? Let us count the ways.
Beef on weck, frozen custard – and one of the largest debt collection industries in the U.S. Those are some of the things Buffalo is known for. That’s why the FTC kicked off its continuing Debt Collection Dialogue in Buffalo on June 15, 2015.
Defendant spent backers’ money on personal expenses