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FTC Gets Stuffed by PSC Administrative et al

In March of 2016 the Federal Trade Commission (FTC) filed an amended complaint against PSC Administrative, Payday Support Center, Coastal Acquisitions, Infinity Client Solutions, Jared Irby, and Richard Hughes. The FTC alleged the Defendants sought out consumers with payday loans to sell them a debt settlement or debt validation solution. It seems the program was …

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FTC to Pursue Other Options in Debt Settlement Case Loss in Texas

Under the heading of “wow that was fast,” I’ve already received a response from the Federal Trade Commission to their recent loss in a Texas Federal Court in their case filed against Freedom Financial Processing, Debt Professionals of America, Debt Consultants of America, Robert Creel, Corey Butcher, and Nikki Creel. In that case, which you …

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FTC Halts Fake News Sites About Deceitful Acai Berry Weight-Loss Products

We’ve covered the deceitful acai berry weight-loss products over the past year on our site (see here, here and here). It was announced on Wednesday that the Federal Trade Commission (FTC) has stopped six operators from using fake news site that allegedly deceived consumers about this product. Six online marketers agreed to settlements with the …

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FTC And CFPB Pledge To Work Together To Protect Consumers

It was announced today that the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) have signed an agreement to coordinate efforts to protect consumers in an effort to avoid duplication of federal law enforcement and regulatory efforts. The memorandum of the two agencies’ understand can be viewed here. The Dodd-Frank Wall Street …

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Timeshare Telemarking Fraudster Sentenced

It was announced on January 9, 2012 that Jennifer Kirk was sentenced to 188 months (almost 16 years) in prison for conspiracy to commit mail and wire fraud when Kirk victimized consumers in a timeshare telemarking scam. Kirk will also serve five years of supervised release after the completion of her prison term, during which …

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FTC Charges Settled By CVS After Deceptive Prescription Pricing For Seniors And Disabled Consumers

Stories like this scare me. Especially when I have family that utilizes these pharmacies and participates in the Medicare program. If you’re using Part D prescription drugs from CVS, read on…. It was announced late last week that the CVS Caremark Corporation has settled with the Federal Trade Commission (FTC) for deceptive pricing charges that …

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Upromise And FTC Settle Charges Over Internet Toolbar That Deceptively Collected Consumers’ Personal Information

If you have a child and are saving for their college fund, chances are you’ve heard of the company Upromise. Upromise is a company that offers consumers a membership service that allows them to save money for college. When consumers make a purchase or buy a service from a Upromise partner merchant they then receive …

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Six Required To Pay Millions From “U.S. Homeowners Relief” Scheme

The Federal Trade Commission (FTC) announced they are requiring “U.S. Homeowners Relief” defendants to pay millions in their settlement along with banning them from the debt and mortgage relief business. The FTC had charged six defendants (that have agreed to settle) in the participation of a fraudulent mortgage modifications and foreclosure relief scheme. The settlement …

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Marketers Banned Of So-Called “Hydro-Assist Fuel Cell” From Selling Fuel Economy Products

The Federal Trade Commission reached a settlement putting a stop to the phony claims of marketers who told consumers their fuel economy device could boost automobile gas mileage by at least 50 percent and “turn any vehicle into a hybrid.” The settlement bans marketers of the so-called “Hydro-Assist Fuel Cell” from selling fuel economy products. …

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