Tag: Consumer Protection

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With the tax-filing season upon us, the Federal Trade Commission, the nation's consumer protection agency, reminds consumers to be aware of the threat of identity theft.  Your tax return contains sensitive personal information, and scammers can use your Social Security number to get a job, or to...
The Federal Trade Commission and the Florida Attorney General’s Office will host a town hall on identity theft and tax fraud on Wednesday, February 20, 2013, in Boca Raton, Florida. To help address the growing problem of tax-related fraud, including the use of stolen Social Security numbers to get...
Over the last year, the Federal Trade Commission has continued vigorously enforcing the Fair Debt Collection Practices Act by bringing or resolving seven debt collection cases, according to the agency's annual letter to the Consumer Financial Protection Bureau. The FTC shares federal jurisdiction...
Following a public comment period, the Federal Trade Commission has finalized a modified Order settling charges against Phusion Projects, LLC, and its principals for falsely claiming that a 23.5-ounce can of Four Loko contains the alcohol equivalent of one or two regular 12-ounce beers, and that a...
A Federal Trade Commission study of the U.S. credit reporting industry found that five percent of consumers had errors on one of their three major credit reports that could lead to them paying more for products such as auto loans and insurance. Overall, the congressionally mandated study on credit...
In response to requests from stakeholders, the Federal Trade Commission has extended the deadline for the public to submit comments on potential revisions to the Used Car Buyers Guide required by the agency’s Used Car Rule.  The deadline to submit comments will be extended from February 11, 2013,...
The defendants behind an operation that allegedly preyed on vulnerable homeowners have agreed to settle Federal Trade Commission charges that they lured people into paying $1,995 or more by holding out bogus promises that they could help them avoid foreclosure and renegotiate their mortgages.
The marketers behind an online scheme that the Federal Trade Commission charged with deceptively using fake news websites to market acai berry supplements and other weight-loss products have agreed to pay more than $1.6 million in settlements that will permanently halt their operation.
Under an agreement with the Federal Trade Commission, the defendants in a scheme that allegedly bilked consumers out of more than $100 million by falsely claiming they could reduce their tax debts must surrender more than $15 million in cash and assets to settle charges that they violated federal...
The operator of the Path social networking app has agreed to settle Federal Trade Commission charges that it deceived users by collecting personal information from their mobile device address books without their knowledge and consent.  The settlement requires Path, Inc.
The Federal Trade Commission, the nation’s chief privacy agency, issued a staff report recommending ways that key players in the rapidly expanding mobile marketplace can better inform consumers about their data practices.
The Federal Trade Commission will host a call-in media availability Friday, Feb. 1, at 10:30 a.m. EST, to announce the publication of a new staff report that recommends ways in which mobile marketplace leaders can keep consumers informed about their data and privacy practices. In addition, the...
A federal court ordered a home insulation marketer to pay a $350,000 civil penalty for making deceptive and unsubstantiated claims about his products’ insulation capabilities.  On the Federal Trade Commission’s behalf, the U.S. Department of Justice won the order on the merits of the case without a...
The Federal Trade Commission wrapped up a three-month submission period for the FTC Robocall Challenge, which seeks the best technical solution to block illegal sales robocalls on landlines and mobile phones. The FTC received 798 eligible submissions before the Challenge closed Jan. 17, 2013.
At the request of the Federal Trade Commission, a U.S. district court shut down a Houston-based debt collection operation that allegedly illegally used insults, lies, and false threats to collect on payday loans – including telling a Virginia woman that she would be arrested and jailed for three...
The staff of the Federal Trade Commission has joined the U.S. Department of Justice (DOJ) in filing an amicus brief with the U.S. Supreme Court concerning the right of private parties to pursue relief under the antitrust laws.
The Federal Trade Commission today announced the results of the first empirical study of debt buyers – companies that are in the business of buying consumer debts and trying to collect on them. 
In a settlement with the Federal Trade Commission, two California-based companies and their principals, who allegedly took hundreds of thousands of dollars from consumers, are banned from marketing auto loan relief or any other type of debt relief to consumers.
On January 16, 2013, the Federal Trade Commission mailed 70,511 refund checks to consumers who lost money to a scheme that allegedly sold bogus "platinum" credit cards and illegally debited consumers’ bank accounts.
At the request of the Federal Trade Commission and the states of Illinois, Kentucky, and North Carolina, a federal court has halted an allegedly illegal pyramid scheme pending trial.  The FTC and the state attorneys general seek to stop the allegedly illegal practices of the Fortune Hi-Tech...

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