Credit Card Interest Rate Reduction Scam Nailed in Canada-U.S. Sting

The Federal Trade Commission has reached a settlement with four of the defendants in an allegedly phony debt relief services operation that claimed that, for $995, it would dramatically reduce consumers’ credit card interest rates. Under the settlement, reached as part of the FTC’s continuing efforts against frauds that target financially strapped consumers, the defendants … Read more

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 … Read more

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 … Read more

Ding-Dong The Grant Connect Is Dead! FTC Wins $29.8 Million

Last month I wrote about the Federal Trade Commission (FTC) and their halting of the operation “Grant Connect” which was a program that deceived and mislead consumers about bogus products and services with unsubstantiated claims. The program marketed free government grants endorsed by President Obama, dietary supplements endorsed by Oprah, fake work-at-home opportunities and exclusive … Read more