Tag: Consumer Protection

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As part of its continuing effort to protect consumers from deceptive energy and environmental claims and provide them with information to help them make informed purchases, the Federal Trade Commission will hold a call-in media availability. The FTC will announce several enforcement actions...
At the request of the Federal Trade Commission, a U.S. district court has halted an operation that the FTC alleges collected phantom payday loan “debts” that consumers did not owe.  Consumers received millions of collection calls from India, and that since January 2010 the operation took in more...
The Federal Trade Commission today issued a staff report showing the results of a survey of mobile apps for children.
At the request of the Federal Trade Commission, a U.S. district court put the mortgage relief business permanently off limits to marketers who allegedly charged thousands of consumers up to $2,600 each, based on bogus promises to provide loan modifications that would make mortgages much more...
The Federal Trade Commission submitted its Fiscal Year 2013 budget request to Congress, including the FY 2013 Budget Overview Statement, and FY 2012 and FY 2013 Performance Plans required under the Government Performance and Results and Modernization Act of 2010. The FTC's formal budget request...
The Federal Trade Commission has issued its annual report to the Federal Reserve Board on FTC enforcement and related activities regarding the Equal Credit Opportunity Act (ECOA), Electronic Fund Transfer Act (EFTA), Consumer Leasing Act (CLA), and Truth in Lending Act (TILA).
A mortgage servicing subsidiary of Bank of America Corp. agreed to settle Federal Trade Commission charges that it illegally assessed more than $36 million worth of fees against struggling homeowners, in violation of an earlier settlement with the FTC.
The Federal Trade Commission warned marketers of six mobile applications that provide background screening apps that they may be violating the Fair Credit Reporting Act. The FTC warned the apps marketers that, if they have reason to believe the background reports they provide are being used for...
The Federal Trade Commission has stopped an operation that targeted payday loan seekers and charged them for worthless programs without their consent. A settlement order, reached as part of the FTC's ongoing efforts to stamp out online fraud, requires the defendants to pay more than $9.9 million...
An operation that marketed prepaid calling cards to immigrants has agreed to pay $2.32 million as part of a settlement to resolve Federal Trade Commission charges that they made false claims to consumers about the number of minutes of talk time their prepaid calling cards would deliver.
One of the nation's largest consumer debt buyers has agreed to pay a $2.5 million civil penalty to settle Federal Trade Commission charges that it made a range of misrepresentations when trying to collect old debts. In addition, the company, Asset Acceptance, LLC, has agreed to tell consumers...
As part of its continuing effort to protect consumers from financial fraud and keep them informed, the Federal Trade Commission will be joined by the U.S. Department of Justice to discuss a major enforcement action involving the debt collection industry.
The Federal Trade Commission will host a workshop on April 26, 2012, to examine the use of mobile payments in the marketplace and how this emerging technology impacts consumers. This event will bring together consumer advocates, industry representatives, government regulators, technologists, and...
Six online marketers agreed to settlements with the Federal Trade Commission that will permanently halt their allegedly deceptive practice of using fake news websites to market acai berry supplements and other weight-loss products.
The immigration services business will be permanently off limits to an operation that allegedly posed as the federal government and tricked people into paying up to $2,500 for immigration forms, under settlements with the Federal Trade Commission.
The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) have signed an agreement to coordinate efforts to protect consumers and avoid duplication of federal law enforcement and regulatory efforts. “The FTC has always been committed to protecting consumers and...
At the request of the Federal Trade Commission, a U.S. district court has frozen the assets of a telemarketing operation that allegedly charged consumers hundreds of dollars based on bogus promises to either provide them with low-interest credit or refund their money. The court also has ordered...
The Federal Trade Commission today issued proposed changes to two parts of the procedures that govern the way the agency operates. The proposed changes would streamline the FTC's investigatory procedures, make updates to keep pace with electronic discovery, and detail the agency's procedures for...

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