FTC Goes After Merchant Cash Advance Companies That Deceived Small Businesses, Non-Profits and Seized Their Personal and Business Assets

The Federal Trade Commission is taking action against two New York-based companies engaged in small-business financing, along with several of their owners and officers, for allegedly using deception and threats to seize personal and business assets from small businesses, non-profits, religious organizations, and medical offices. The FTC filed a complaint against RCG Advances, LLC—formerly known … Read more

FTC Sends Second Round of Warning Letters to Multi-Level Marketers Regarding Coronavirus Related Health and Earnings Claims

The Federal Trade Commission today announced it has sent six letters warning multi-level marketing companies (MLMs) to remove and address claims about their products’ ability to treat or prevent coronavirus 2019 (COVID-19) or about the earnings people who have recently lost income can make, or both. This is the second set of warning letters to … Read more

FTC Expands Its Case Against Zurixx Real Estate Seminar Scheme

Amended complaint adds alleged violations of Telemarketing Sales Rule, additional defendants, and monetary liability for Zurixx officers The Federal Trade Commission and the state of Utah have amended their complaint against the operators of the Zurixx real estate seminar scheme, adding new charges that the defendants violated the Telemarketing Sales Rule on top of previous … Read more

FTC Sends Letters Warning 35 More Marketers to Stop Making Unsupported Claims That Their Products and Therapies Can Effectively Prevent or Treat COVID-19

The Federal Trade Commission announced it has sent letters warning 35 more marketers nationwide to stop making unsubstantiated claims that their products and therapies can treat or prevent COVID-19, the disease caused by the novel coronavirus. This is the sixth set of warning letters the FTC has announced as part of its ongoing efforts to … Read more

Auto Financing While Black or Brown at Dealership Bronx Honda Leads to $1.5 Million to Settle FTC Charges They Discriminated

New York City car dealer Bronx Honda and its general manager, Carlo Fittanto, will pay $1.5 million to settle Federal Trade Commission charges they discriminated against African-American and Hispanic car buyers and engaged in numerous other illegal business practices. According to the FTC’s complaint, the defendants told sales people to charge higher financing markups and … Read more

FTC Finalizes Settlement in LendEDU Case Related to Deceptive Rankings and Fake Reviews

The student loan refinance company that said it promoted the “best student loan refinance companies” ran into trouble with the FTC. This case has implications for lead generators in the debt relief space that advertise the best debt relief solutions. This is especially true for sites that rank companies favorably that pay a fee for … Read more

FTC Halts Deceptive Payday Lender That Took Millions From Consumers’ Accounts Without Authorization

The Federal Trade Commission has charged a payday lending enterprise with deceptively overcharging consumers millions of dollars and withdrawing money repeatedly from consumers’ bank accounts without their permission. A federal court has entered a temporary restraining order halting the operation and freezing the defendants’ assets, at the FTC’s request. According to the FTC, the 11 … Read more

Operators of Business Coaching Scheme Will Pay At Least $1.2 Million to Settle FTC Charges They Deceived Consumers Starting New Internet-based Businesses

The operators of a business coaching scheme will pay at least $1.2 million to settle Federal Trade Commission charges that they targeted people who were trying to start new businesses online and used deception to sell them bogus marketing products and services. According to the FTC’s complaint, Position Gurus and Top Shelf Ecommerce, and their … Read more

FTC Files Complaint Alleging Telemarketers and Debt Collectors Worked Together To Bilk Organizations for Subscriptions and Books They Never Ordered

The Federal Trade Commission sued the operators of a Pennsylvania-based telemarketing scheme, alleging that they charged organizations such as businesses, schools, fire and police departments, and non-profits for books and newsletter subscriptions they never ordered. The FTC’s complaint also names the defendants behind a New York-based debt collection operation, alleging that they illegally threatened the … Read more

FTC Sending Full Refunds to Consumers Who Paid for “Free” and “Risk-Free” Product Pitches

The Federal Trade Commission is mailing refund checks totaling $488,629 to consumers who bought golf and kitchen gadgets from a group of online marketers that allegedly used deceptive “free” and “risk-free” trials to sell their products. According to an FTC complaint filed in March 2017, AAFE Products and related defendants did not clearly disclose that … Read more

FTC Sends Warning Letters to Multi-Level Marketers Regarding Health and Earnings Claims They or Their Participants are Making Related to Coronavirus

The Federal Trade Commission today announced it has sent 10 letters warning multi-level marketing companies (MLMs) to remove and address claims that they or their participants are making about their products’ ability to treat or prevent coronavirus disease or about the earnings people who have recently lost income can make, or both. According to the … Read more

FTC Announces Latest Round of Letters Warning Companies to Cease Unsupported Claims that Their Products Can Treat or Prevent Coronavirus

Continuing its efforts to protect consumers from scams and deceptive pitches related to the coronavirus (COVID-19) pandemic, the Federal Trade Commission today announced it has sent 10 additional letters warning companies, both in the United States and abroad, to cease making unsubstantiated claims that their products can treat or prevent coronavirus disease. The companies receiving warning … Read more

FTC, FDA Send Warning Letters to Seven Companies about Unsupported Claims that Products Can Treat or Prevent Coronavirus

The Federal Trade Commission and U.S. Food and Drug Administration (FDA) have sent warning letters to seven companies allegedly selling unapproved products that may violate federal law by making deceptive or scientifically unsupported claims about their ability to treat coronavirus (COVID-19). The warning letters are the first issued by the agencies alleging unapproved and/or unsupported … Read more

Physician Charged for Alleged Role in an Over $120 Million Health Care Fraud and Money Laundering Conspiracy Involving Sponsorship of Ultimate Fighting Championship Hall of Famers

A physician who from 2016 to 2017 was the top prescriber of oxycodone 30 mg in Michigan was charged in a superseding indictment unsealed today with an over $120 million health care fraud and money laundering scheme that involved the alleged medically unnecessary distribution of over 2.2 million dosage units of controlled substances and the … Read more

FTC Returns More than $3.1 Million to Victims of Student Loan Debt Relief and Credit Repair Scheme

The Federal Trade Commission is mailing checks totaling more than $3.1 million to consumers who were victims of a student loan debt relief and credit repair scheme.   Strategic Student Solutions (also doing business under other names) and its owner, Dave Green, settled FTC allegations that they charged consumers illegal upfront fees and falsely promised … Read more