Filtering by content type: Press Release
Two Florida companies and their CEO will be permanently barred from offering payment-processing services to settle Federal Trade Commission allegations that they aided a criminal student debt relief scam that bilked $62 million from thousands of students and their families.
The operators of a scheme that falsely promised participants could earn large sums of money from memberships sold to other participants will be permanently prohibited from engaging in any future business and investment opportunity as part of a settlement with the Federal Trade Commission.
The Federal Trade Commission is sending full refunds totaling more than $11 million to consumers who lost money to a bogus credit card interest rate reduction scheme operated by E.M. Systems & Services.
A federal court has temporarily halted the operations of a company that the Federal Trade Commission and State of Florida allege has charged hundreds of incarcerated people and their families millions of dollars for magazine subscriptions that show up late or not at all.
Following a public comment period, the Federal Trade Commission has approved final administrative consent orders against six companies selling cannabidiol (CBD) products nationwide.
The Federal Trade Commission is sending a third round of checks totaling more than $250,000 to victims of a mortgage modification scheme dating back to 2009. The FTC began mailing refunds in this matter in 2012. In total, the FTC has distributed more than $900,000.
Note: The FTC hosted a media call-in on this announcement with Andrew Smith, Director, Bureau of Consumer Protection on Thursday, December 17, 2020.
La Comisión Federal de Comercio, junto con 19 socios del cumplimiento de la ley federales, estatales y locales anunciaron hoy una ofensiva a nivel nacional contra las estafas que apuntan a consumidores con promesas falsas de ingresos e independencia financiera fuera de toda realidad.
A federal court has shut down an Atlanta-based debt collector in response to a Federal Trade Commission complaint alleging that its agents threatened consumers with arrest and imprisonment and tried to collect debts that consumers did not actually owe.
La Comisión Federal de Comercio (FTC) junto con más de 50 agencias colegas a cargo del cumplimiento de la ley del ámbito federal y estatal anunciaron hoy una iniciativa de cumplimiento de la ley y divulgación de alcance nacional para proteger a los consumidores contra el cobro de deudas fantasmas y...
The Federal Trade Commission, along with more than 50 federal and state law enforcement partners, today announced a nationwide law enforcement and outreach initiative to protect consumers from phantom debt collection and abusive and threatening debt collection practices.
The operators of a Florida-based company that allegedly defrauded financially-distressed and often older-adult consumers with deceptive robocalls claiming they could save them money by reducing the interest rates on their credit cards has settled Federal Trade Commission charges that their conduct...
The Federal Trade Commission is sending more than $16 million to individuals who lost money to a debt relief scam that targeted tens of thousands of consumers facing financial difficulty.
The Federal Trade Commission is mailing checks totaling more than $1 million to individuals who lost money to a student loan debt relief scam.
One of the biggest payment processing companies and its former executive will pay more than $40.2 million to settle Federal Trade Commission charges they knowingly processed payments and laundered, or assisted laundering of, credit card transactions for scams that targeted hundreds of thousands of...
The Federal Trade Commission is mailing 8,088 refund checks totaling nearly $2.7 million to consumers who paid an up-front fee to re-sell their unwanted timeshares. The average check amount is $332, and it must be cashed within 60 days, as indicated on the check.
The Federal Trade Commission and its regional partners will hold a public workshop in Atlanta on Thursday, August 15, 2019, on truth-in-advertising basics and data security compliance.
The FTC and its U.S., state, and local law enforcement partners announced a major crackdown on illegal robocalls, including 94 actions targeting operations around the country that are responsible for more than one billion calls.
The operators of two Florida-based student loan debt relief schemes are banned from the debt relief business as part of agreements settling Federal Trade Commission allegations that they collected illegal upfront fees and falsely promised to help some consumers enroll in government programs that...