Tag: Credit and Finance

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Filtering by content type: Blog Post

Like juggling chain saws or using a Ming vase as a sippy cup, some things are just too risky to be reasonable. Here’s one to add to that list: posting unencrypted financial information about 55,000 consumers on a website available to anyone with an internet connection.
The FTC keeps its finger on the pulse of markets, channeling its resources to protect consumers from deceptive and unfair practices involving new technologies. A few years ago, we created the Mobile Technology Unit to help bring consumer protection into the mobile era. Staffers...
“What’s so funny ‘bout peace, love, and understanding?” Elvis Costello asked that musical question back in the day. The Memorandum of Understanding between the FTC and CFPB – which the two agencies just reauthorized for a three-year period – shows that when it comes to protecting...
Have you seen the ads where a popular celebrity touts DIRECTV on his own behalf and as the Painfully Awkward, Overly Paranoid, or Crazy Hairy version of himself? Applying that to a lawsuit just filed by the FTC, there’s DIRECTV – and then there’s Deceptively Advertised DIRECTV...

Filtering by content type: Press Release

Defendants posted bank account numbers of 55,000 consumers
Continuing to crack down on phony mortgage relief programs, a federal court has temporarily halted Los Angeles-based Wealth Educators, Inc. and its president from offering mortgage relief services at the Federal Trade Commission’s request. The agency charged the defendants with failing to provide...
Marketers who helped promote a Utah-based home loan modification scheme will be banned from the mortgage relief and debt relief industries under a court settlement resolving charges by the Federal Trade Commission that they violated the law by promoting the loan modification scam, which conned...
CardFlex Inc., an Independent Sales Organization (ISO), and its principals Andrew Phillips and John Blaugrund, have settled Federal Trade Commission charges that they illegally processed more than $26 million in unauthorized consumer charges on behalf of a company called I Works. The defendants...
A petición de la Comisión Federal de Comercio (FTC, por su sigla en inglés), una corte federal ha suspendido las operaciones de una compañía que se autodenomina “FTC Credit Solutions”. Presuntamente, la compañía usó una inexistente afiliación con la Comisión para comercializar falsos servicios de...
At the request of the Federal Trade Commission, a federal court has halted the operations of a company that calls itself “FTC Credit Solutions.” The company allegedly used false affiliation with the Commission to market bogus credit repair services to Spanish-speaking consumers.
Austin, Texas-based Home Relief Foundation, Inc. and its two owners have settled Federal Trade Commission charges that they illegally charged up-front fees for services they falsely promised would reduce consumers’ mortgage interest rates or monthly payments. The settlement order prohibits the...
The Federal Trade Commission is mailing a second round of 58,239 checks totaling more than $2.9 million to consumers and businesses who were victimized by a massive fraudulent operation that placed unwanted charges on their telephone bills.

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Filtering by content type: Plain Language Guidance

For savvy companies, keeping data secure is a day-to-day part of their business. They reduce the amount of sensitive information they collect in the first place, keep it secure if there’s a legitimate business need to maintain it, and dispose of it safely when they no longer need it...

Filtering by content type: Public Event

The Federal Trade Commission and the Colorado Attorney General’s Office will host the Colorado Common Ground Conference: Working Together to Protect Colorado Consumers. The conference will be on Friday, April 24, from 9:00 a.m. to 5:00 p.m. in the Ralph L. Carr Colorado Judicial...
The Federal Trade Commission brought together local, state, and federal agencies, along with legal services attorneys and other consumer advocates for a full-day meeting. The morning was a closed meeting for law enforcement partners serving Michigan; the afternoon was a public...

Filtering by content type: Public Comment Initiative

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