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Tag Archives: David Vladeck

FTC Bans Landmark Clearing From Using Remotely Created Payment Orders

It was announced today that a Federal Trade Commission (FTC) action has banned a payment processor from using a new payment method to debit accounts after allegedly debiting millions from consumers’ bank accounts without their consent. Payment processors provide merchants with the ability to obtain customer payments for products and services via electronic banking. According to the FTC’s complaint against ... Read More »

FTC Consumer Protection Chief Wants to Send Foreclosure Rescue Scammers to Jail

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For those that feel the FTC is not working on larger more global issues, rest assured the FTC wants to catch the bad guys and deal with them. David Vladeck of the FTC seems motivated to shut down the foreclosure rescue scamers. Get Out of Debt Guy – Twitter, G+, Facebook Read More »