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U.S. Federal Trade Commission News

FEDERAL TRADE COMMISSION: Operators of Sweepstakes Scam Will Forfeit $30 Million to Settle FTC Charges

By Press release submission | Mar 11, 2019

The operators of a sweepstakes scam that appeared to target seniors have agreed to forfeit a record $30 million in cash and assets and will be permanently banned from the prize promotion business under a settlement with the Federal Trade Commission.

FTC seeks public comment regarding modifications to franchising rule

By Marian Johns | Feb 20, 2019

WASHINGTON, D.C. — The Federal Trade Commission (FTC) is considering changes and modifications to its Disclosure Requirements and Prohibitions Concerning Franchising (Franchising Rule) and seeks public comment on the rule.

Consumers to receive $3.5 million as part of FTC settlement with company promoting weight loss

By Marian Johns | Feb 20, 2019

WASHINGTON, D.C. — The Federal Trade Commission (FTC) and the Maine Attorney General's Office have reached settlements with two companies who both falsely marketed weight loss supplements that will result in nearly $3.5 million in refunds going to consumers affected by the alleged scam.

FTC, FDA warn sellers of dietary supplements about using false claims

By Marian Johns | Feb 19, 2019

WASHINGTON, D.C. —The Federal Trade Commission (FTC) and the U.S. Food and Drug Administration (FDA) has set its sites on three companies that sell dietary supplements and other health-related products, alleging the companies may be using false claims not supported by scientific evidence.

Consumers to receive $1.7 million in settlement stemming from illegal robocall scheme

By Marian Johns | Feb 19, 2019

WASHINGTON, D.C. — Consumers affected by what the federal government calls a "robocall scheme" will soon see some of the $1.7 million in settlement monies ordered by a Florida district court against several companies involved in the illegal calls.

California company that allegedly used fake news articles settles claims for $6.4 million

By Marian Johns | Feb 11, 2019

WASHINGTON, D.C. — A California company accused by the federal government of using a network of online marketers to deceptively sell a variety of health-related products has agreed to pay $6.4 million to resolve the claims.

U.S. bankruptcy court rules computer financing scam operator must pay $13.4 million judgment

By Marian Johns | Feb 11, 2019

WASHINGTON, D.C. — The U.S. Bankruptcy Court Southern District of Florida West Palm Beach Division has ruled in favor of the federal government's request to require a computer financing scheme operator to pay a $13.4 million judgment despite filing for bankruptcy.

FTC adds defendants to case against California student debt relief company

By Marian Johns | Feb 11, 2019

WASHINGTON, D.C. — The federal government has added two additional defendants in its case against Impetus Enterprise Inc, a California-based student debt relief company accused of defrauding consumers out of millions of dollars through its deceptive loan practices.

Marathon Petroleum agrees to divest retail fuel outlets to Sunoco

By Marian Johns | Feb 11, 2019

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has reached a settlement relating to the nation's second largest gasoline and a convenience store chain's acquisition proposal that would affect retail gasoline and retail diesel in five local markets.

FTC settles with 2 companies accused of misrepresenting paid endorsements by athletes

By Marian Johns | Feb 11, 2019

WASHINGTON, D.C. — Two companies accused of misrepresenting paid endorsements by athletes in its marketing campaigns has reached a settlement with the federal government.

FTC accuses 9 Canadian, U.S. defendants of scamming small businesses with Internet services

By Marian Johns | Jan 4, 2019

WASHINGTON, D.C. — An Illinois district court has ordered nine Canadian and U.S. defendants accused of scamming small businesses with Internet-related services to pay more than $4.6 million, according to the Federal Trade Commission (FTC).

California federal court grants FTC motion to temporarily stop 'Internet marketing scam'

By Marian Johns | Nov 30, 2018

WASHINGTON, D.C. — The U.S. Federal Trade Commission's (FTC) allegations against Apex Capital Group, LLC of deceptive marketing for online products have resulted in a California U.S. district court granting a motion to temporary ban the company's operation.

FTC: Office supply scam victims to receive part of $647,000 payout

By Marian Johns | Nov 30, 2018

WASHINGTON, D.C. — Nonprofit organizations along with churches, schools and small businesses that were victims of an office supply scam will receive part of a more than $647,000 payout, according to the U.S. Federal Trade Commission (FTC).

Supervalu asks FTC to approve resale of two stores despite '16 divestiture agreement

By Marian Johns | Nov 30, 2018

WASHINGTON, D.C. — Supervalu Inc., has submitted an application to the U.S. Federal Trade Commission (FTC) for approval to resell two of its Shop 'n Save supermarkets back to Koninklijike Ahold and Delhaize Group (Giant).

U.S. FEDERAL TRADE COMMISSION: MoneyGram Agrees to Pay $125 Million to Settle Allegations that the Company Violated the FTC’s 2009 Order and Breached a 2012 DOJ Deferred Prosecution Agreement

By Press release submission | Nov 20, 2018

MoneyGram International, Inc. has agreed to pay $125 million to settle allegations that the company failed to take steps required under a 2009 Federal Trade Commission order to crack down on fraudulent money transfers that cost U.S. consumers millions of dollars.

PR firm settles FTC charges of not disclosing paid endorsements, articles

By Marian Johns | Nov 19, 2018

WASHINGTON, D.C. — A public relations firm has reached a settlement with the Federal Trade Commission (FTC) over charges it did not disclose that it paid Olympic athletes featured in promotions of a new mosquito repellent during the 2016 Rio De Janeiro Olympics Games and Zika virus outbreak in its advertising and marketing.

FTC: Maryland federal district court halts $100 million real estate investment scam

By Marian Johns | Nov 9, 2018

WASHINGTON, D.C. — The U.S. Federal Trade Commission (FTC) has announced a Maryland federal district court's order to halt a large "real estate investment scam" that resulted in taking more than $100 million from investors who purchased lots.

Online student loan refinancier settles FTC charges of deceiving customers

By Marian Johns | Nov 6, 2018

WASHINGTON, D.C. — An online student loan refinancier has reached a settlement with the Federal Trade Commission (FTC) to resolve allegations the company made incorrect statements in print, online and in broadcast media advertisements in an attempt to deceive customers on loan refinancing.

New York attorney general: Marathon Petroleum divestiture ensures fair, competitive fuel prices

By Marian Johns | Oct 31, 2018

NEW YORK — Marathon Petroleum Corp. has agreed to divest five of its New York state gas stations after an investigation by the state's attorney general raised concerns over the company's acquisition of several retail fuel stations and its impact on fair and competitive fuel prices in upstate New York's local market.

Teva Pharmaceutical asks FTC to modify order involving merger, generic drug competition

By Marian Johns | Oct 30, 2018

WASHINGTON, D.C. — Teva Pharmaceutical Industries LTD., is requesting the U.S. Federal Trade Commission reopen and modify a 2012 order involving a merger between Watson Pharmaceuticals Inc., and Actavis Inc.

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