Displaying 1 - 20 of 112
FTC Extends Public Comment Period on Potential Business Opportunity Rule Changes to January 31, 2023
FTC Explores Changes, Possible Expansion of Its Business Opportunity Rule
The Federal Trade Commission is taking action against DK Automation and its owners, Kevin David Hulse and David Shawn Arnett for using unfounded claims of big returns to entice consumers into moneymaking schemes involving Amazon business packages, business coaching, and cryptocurrency. The FTC’s complaint alleges that the defendants promised consumers that they could “generate passive income on autopilot” when the truth was that few consumers ever made money from these schemes.
A proposed court order would require the defendants to turn over $2.6 million to be used to refund consumers harmed by their deception, as well as requiring them to stop their deceptive earnings pitches and follow the law.
FTC Takes Action to Stop DK Automation and Kevin David Hulse From Pitching Phony Amazon and Crypto Moneymaking Schemes
Federal Trade Commission Returns More Than $542,000 To Consumers Harmed by Bogus Money-Making Scheme Digital Income System
FTC Shuts Down Credit Repair Pyramid Scheme Financial Education Services, Which Bilked More Than $213 Million from Consumers
Federal Trade Commission Returns More Than $149 Million To Consumers Harmed by AdvoCare Pyramid Scheme
Federal Trade Commission Returns More Than $23 Million To Consumers Deceived by Online Business Coaching Scheme MOBE
FTC Takes Action to Combat Bogus Money-Making Claims Used to Lure People into Dead-end Debt Traps
FTC Returns Additional $25 Million to Consumers Who Lost Money to Business Coaching Scam
Apply Knowledge, LLC
The Federal Trade Commission is returning an additional $25 million to consumers who lost money to a business coaching scheme that used the names Coaching Department and Apply Knowledge, among others. These refunds are the result of the FTC’s settlements with the scheme’s ringleaders, the companies through which the scheme operated, and a payment processor who helped facilitate the scheme.
FTC Puts Businesses on Notice that False Money-Making Claims Could Lead to Big Penalties
FTC Returns $1.1 Million to Consumers Who Lost Money to Alleged Scammers Selling Bogus Income Opportunities
FTC Sends Checks to People Who Were Deceived into Buying Worthless Online Marketing Services
Prepared Statement of Commissioner Rohit Chopra: Strengthening the Federal Trade Commission's Authority to Protect Consumers
Prepared Statement of the Federal Trade Commission: Strengthening the Federal Trade Commission's Authority to Protect Consumers
Protecting Consumers During the COVID-19 Pandemic: A Year in Review
One Year into COVID-19 Pandemic, New FTC Staff Report Highlights Agency’s Ongoing Efforts to Protect Consumers
Displaying 1 - 20 of 112