On February 18, 2015 the Federal Trade Commission filed suit against PSC Administrative, Coastal Acquisitions, Infinity Client Solutions, Infinity Collect, Jared Irby, and Richard Hughes for violations of the Telemarketing Sales Rule. The FTC alleges the Defendants solicited consumers with debt relief services, who owed payday loans. “Defendants have induced consumers to enroll in their …
The Federal Trade Commission is proposing new rules to help protect consumers and is opening a public comment period in which anyone can offer feedback and the ability to comment on the proposed rules. The proposed changes in the Telemarketing Sales Rule, or TSR as many call it, is partially created because of some recent …
As far back as early 2011, the GetOutOfDebt.org site has been publishing information about and warning consumers about suspicious and concerning practices by a number of interrelated companies promising financial help and foreclosure relief. These schemes were not uncovered by the site alone. Readers and insiders also sent in critical information that led to the …
The operators of a Philadelphia-based telemarketing scheme will pay more than $7.5 million to settle Federal Trade Commission charges that they peddled bogus “platinum” credit cards and illegally debited consumers’ bank accounts. Under a settlement with the FTC, Blake Rubin, Chase Rubin, and Justin Diaczuk — the individuals allegedly behind the Platinum Trust Card and …
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 …
I just got word from the FTC they released a new guide to help people understand the new telemarketing sales rule for debt relief products. You’ll find the guide below. You’ll also find that it helps to clarify the rule and slams the door closed on some of the ways people were trying to evade …
The Federal Trade Commission today told the U.S. Senate Committee on Commerce, Science, and Transportation that the FTC will continue its stepped-up efforts to protect financially strapped consumers from deceptive and abusive debt relief scams. The testimony, presented by FTC Commissioner Julie Brill, described the FTC’s law enforcement actions, a rule change the agency has …
Florida Attorney General Bill McCollum today announced that he has co-sponsored a letter to the Federal Trade Commission (FTC), asking it to amend a federal rule that would require debt relief service companies to provide services before collecting any fees. The letter was also sponsored by the Attorneys General of Illinois, Maryland, and Washington. Debt …