Tag: Consumer Protection

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This study reports the results of the Federal Trade Commission’s second statistical survey of fraud in the United States. The survey found that 30.2 million adults – 13.5 percent of the adult population – were victims of one or more of the frauds included in the survey during the year...
Operators who infected more than 15 million computers with destructive, intrusive spyware will give up $330,000 in ill-gotten gains from their venture to settle FTC charges that their scam violated federal law. The settlement will bar the defendants from downloading software onto consumers’...
The Federal Trade Commission is warning mortgage brokers and lenders, and media outlets that carry their advertisements for home mortgages, that some of the advertising claims currently appearing in Web sites, newspapers, magazines, direct mail, and unsolicited e-mail and faxes may violate federal...
On June 6, 2007, the FTC filed a complaint in the U.S. District Court for the Central District of California against BurnLounge, Inc. The complaint charges that BurnLounge sold opportunities to operate on-line digital music stores that was, in fact, an illegal pyramid scheme. The agency is seeking...
The Federal Trade Commission and China’s consumer protection agency, the State Administration for Industry & Commerce (SAIC), today signed a Memorandum of Understanding (MOU) to promote consumer protection cooperation.The MOU, signed in Washington, DC, will facilitate greater policy-level...
This study presents the results of 36 in-depth interviews with recent mortgage customers, and quantitative consumer testing with over 800 mortgage customers, that examined how consumers search for mortgages, how well consumers understand current mortgage cost disclosures and the terms...
A sweepstakes operation that enticed consumers to send money in order to win cash prizes has agreed to pay almost $1.4 million to settle Federal Trade Commission charges that it violated federal laws. Funds collected by the FTC will be used to provide refunds to consumers.

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