Tag: Small Business

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The Federal Trade Commission has filed an administrative complaint against FleetCor and its CEO, Ronald Clarke, for charging customers hundreds of millions of dollars in mystery fees associated with fuel cards. FleetCor, marketing under the “Fuelman” brand name and through co-branded cards with...
In a newly filed amended complaint, the Federal Trade Commission alleges that merchant cash advance provider RCG Advances and other defendants made multiple unauthorized withdrawals from small businesses’ banks, sometimes taking thousands of dollars more than the agreed repayment amount.
The Federal Trade Commission and its regional partners in Dallas will host a free, virtual workshop on June 24, 2021, to discuss advertising and data security basics for small businesses, advertising professionals, and attorneys who advise them.
Yellowstone Capital, a provider of merchant cash advances, will pay more than $9.8 million to settle Federal Trade Commission charges that it took money from businesses’ bank accounts without permission and deceived them about the amount of financing business owners would receive and other features...
In testimony before the Senate Commerce Committee, the Federal Trade Commission updated lawmakers on its efforts to combat scams and address other consumer issues related to the COVID-19 pandemic, while urging lawmakers to ensure the agency has the authority it needs to prohibit illegal conduct and...
The Federal Trade Commission staff issued a report highlighting the agency’s ongoing efforts to protect consumers during the COVID-19 pandemic. The report addresses challenges consumers face during the pandemic and details the Commission’s strategy to combat COVID-related fraud and other consumer...
The Federal Trade Commission has released the agenda for the Franchise Rule virtual workshop on November 10.
A Rhode Island company and its owner will be permanently prohibited from misrepresenting they are affiliated with the U.S. Small Business Administration (SBA) as part of a settlement resolving Federal Trade Commission charges they misled consumers in the early days of the coronavirus pandemic.
The Federal Trade Commission and its regional partners in Cleveland, Ohio, will host a virtual workshop on October 29, 2020 to discuss advertising and data security basics for small businesses.
The Federal Trade Commission will host an online public workshop on November 10, 2020 as part of the agency’s review of the Franchise Rule, which is designed to ensure that consumers who are considering buying a franchise have key information they need to weigh the risks and benefits of that...
The Federal Trade Commission is mailing refunds totaling more than $700,000 to small business owners who were deceived by a robocall scheme.
The Federal Trade Commission testified today at an oversight hearing before the Senate Committee on Commerce, Science, and Transportation about the agency’s work to protect consumers and promote competition, including its efforts to combat frauds designed to take advantage of consumers during the...
Según se indica en una demanda de la Comisión Federal de Comercio (FTC, por sigla en inglés), un importante proveedor de un producto financiero llamado adelanto de dinero para comerciantes extrajo dinero regularmente de sus cuentas bancarias sin el debido consentimiento, incluso después de que los...
A leading provider of merchant cash advances used deception to lure small business customers, then regularly withdrew money from their accounts without consent even after the customers had repaid the money they owed, according to a Federal Trade Commission lawsuit.
The Federal Trade Commission testified today before the Senate Commerce Committee Subcommittee on Manufacturing, Trade, and Consumer Protection on its efforts to combat scams and other consumer problems related to the ongoing COVID-19 pandemic.
Through the joint efforts of the Federal Trade Commission, the Florida Office of the Attorney General, and the Texas Office of the Attorney General, the FTC is sending refunds totaling more than $1 million to business owners who were victims of a deceptive scheme that s
The Federal Trade Commission is sending full refunds totaling more than $284,000 to people who lost money to a scheme that used misleading spam emails to lure consumers into buying work-from-home services.
The Federal Trade Commission and U.S. Small Business Administration (SBA) have sent warning letters to six companies that may be misleading small businesses seeking SBA loans as a result of the coronavirus 2019 pandemic.
As part of the Federal Trade Commission’s systematic review of all current FTC rules and guides, the FTC is seeking public comment on a proposed repeal of the Care Labeling Rule. The Rule may not be necessary to ensure manufacturers provide care instructions, may have failed to keep up with a...
The Federal Trade Commission is taking action against two New York-based companies engaged in small-business financing, along with several of their owners and officers, for allegedly using deception and threats to seize personal and business assets from small businesses, non-profits, religious...

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