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AMG Capital Management

U.S. Supreme Court Ruling Neuters FTC in Recovering Money From Scammers

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Federal Trade Commission Acting Chairwoman Rebecca Kelly Slaughter issued the following statement regarding recent decision from the U.S. Supreme Court in the matter of AMG Capital Management LLC v. FTC: “In AMG Capital, the Supreme Court ruled in favor of scam artists and dishonest corporations, leaving average Americans to pay for illegal behavior,” Acting Chairwoman …

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Native American Tribal Indian Payday Loans Found to Be Operating Illegally

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The Federal Trade Commission has taken action against a payday lending operation that allegedly piled on undisclosed and inflated fees, and collected on loans illegally by threatening borrowers with arrest and lawsuits. The FTC has asked a federal court to stop the allegedly illegal business tactics while the agency pursues its case against the defendants. …

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