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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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. … Read more
The Federal Trade Commission is taking action against a telemarketing operation that allegedly made illegal robocalls, called phone numbers on the National Do Not Call Registry, and masked Caller ID information, in violation of the FTC’s Telemarketing Sales Rule. The FTC’s complaint seeks to make the defendants pay civil penalties and stop the illegal calls. … Read more
Defendants in a payday lending case have been ordered to pay more than $294,000 for illegal garnishment of consumers’ paychecks. A federal court has ordered, at the request of the Federal Trade Commission (FTC), one of the individuals behind a payday lending scheme and two companies he controlled to pay $294,536 for illegally trying to … Read more
Americall, an Illinois-based telemarketing firm will pay $500,000 civil penalty to settle Federal Trade Commission (FTC) charges that it interfered with consumers’ requests to be placed on company-specific do not call lists and transmitted deceptive Caller ID names. The FTC alleged that Americall Group, Inc violated the FTC’s Telemarketing Sales Rule (TSR) in it’s efforts … Read more
Earlier in December the Federal Trade Commission (FTC) sent a letter to the Internet Corporation for Assigned Names and Numbers (ICANN) expressing concern that the organization’s plan to dramatically expand the domain name system could leave consumers more vulnerable to online fraud and undermine law enforcers’ ability to track down online scammers. ICANN is the … Read more
Four years after the Federal Trade Commission (FTC) filed a case against Randall Leshlin and his debt management services company, Express Consolidation, the FTC is mailing out refund checks to almost 3,000 consumers across the country that fell victim to worthless debt management services. The reimbursement stems from a February 2009 contempt finding against Florida … Read more