Tag: Credit and Finance

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A series of defendants will pay approximately $10 million to the Federal Trade Commission to settle charges that they operated a massive scam that sent unwanted text messages to millions of consumers, many of whom later received illegal robocalls, phony “free” merchandise offers, and unauthorized...
La Comisión Federal de Comercio (FTC) y la Oficina de Protección Financiera del Consumidor (CFPB) han anunciado la lista de disertantes, panelistas y moderadores de la mesa redonda organizada conjuntamente por ambas agencias que se llevará a cabo el 23 de octubre de 2014 en Long Beach, California.
The Federal Trade Commission and the Consumer Financial Protection Bureau have announced the list of speakers, panelists, and moderators for the roundtable the agencies will co-host in Long Beach, California, on October 23, 2014.
Como parte de un acuerdo resolutorio de $105 millones de dólares con funcionarios a cargo del cumplimiento de la ley del ámbito federal y estatal, la compañía AT&T Mobility Inc. le pagará $80 millones de dólares a la Comisión Federal de Comercio (FTC) para otorgar reembolsos a los consumidores...
Consumers who believe they were charged without their authorization can visit www.ftc.gov/att to submit a refund claim.
“The court decision announced today is a major win for consumers nationwide,” said Jessica Rich, Director of the FTC’s Bureau of Consumer Protection. “It affirms that marketers can’t get away with using misleading sales pitches and then burying ‘disclaimers’ in lengthy documents given to consumers...
La Comisión Federal de Comercio (FTC) y la Oficina de Protección Financiera del Consumidor (CFPB) han anunciado la agenda de la mesa redonda organizada conjuntamente por ambas agencias que se llevará a cabo el 23 de octubre de 2014 en Long Beach, California.
The Federal Trade Commission and the Consumer Financial Protection Bureau have announced the agenda for the roundtable the agencies will co-host in Long Beach, California, on October 23, 2014.
The Federal Trade Commission has halted the abusive debt collection practices of an operation that used fictitious names and threatened consumers into paying debts they may not have owed. Under settlements with the FTC and a default judgment by the court, Pinnacle Payment Services, LLC and its...
At the request of the Federal Trade Commission, a federal court has shut down Butterfly Labs, a Missouri-based company that allegedly deceptively marketed specialized computers designed to produce Bitcoins, a payment system sometimes referred to as “virtual currency.”
The Federal Trade Commission is mailing $1,792,759 in refund checks to 60,813 consumers allegedly defrauded by a credit counseling/debt management scam run by Andris Pukke and his companies, AmeriDebt Inc. and DebtWorks, Inc. The defendants allegedly deceived consumers about their fees,...
An Internet-based operation that finds potential borrowers for mortgage refinancing lenders will pay a $500,000 civil penalty to settle Federal Trade Commission charges that it deceived consumers with ads that falsely claimed they could refinance their mortgages for free.
The staff of the Federal Trade Commission filed a comment in response to the Consumer Financial Protection Bureau’s request for information on the use of mobile financial systems by consumers and their potential benefits for the financial lives of underserved consumers.  The FTC staff’s comment...
The Federal Trade Commission’s newest education campaign, Pass It On, encourages older adults to help raise awareness about fraud by talking to their family, friends, and neighbors about avoiding common scams.
FTC order requires Google to change its mobile app billing practices to ensure consumers’ consent is obtained before charges are levied.
The Federal Trade Commission asked a federal court to shut down a scam that targeted financially distressed Americans by pitching a phony debt relief and credit repair program, and by falsely claiming the program was provided and funded by the federal government and endorsed by President Obama.
The Federal Trade Commission has joined the Consumer Financial Protection Bureau (CFPB) in filing an amicus brief in the matter of Hernandez v. Williams, Zinman & Parham, P.C (WCP) (Case No. 2:12-cv-00731, U.S. Circuit Court of Appeals for the Ninth Circuit). The case concerns the...
The Federal Trade Commission today released a staff report stating that compliance by real estate advertisers with federal credit advertising laws in major newspapers in 42 cities has risen to 90 percent, up from 86 percent in early 1984, as a result of a continuing FTC effort. Since January 1983...
Ensuring that consumers are protected in the growing mobile environment is a top priority at the FTC.
A new staff report issued by the Federal Trade Commission finds that many mobile apps for use in shopping do not provide consumers with important information – such as how the apps manage payment-related disputes or handle consumer data – prior to download.

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