U.S. Federal Trade Commission News

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.

ReadyTech, FTC reach settlement over false EU-U.S. Privacy Shield framework certification

By Marian Johns | Oct 30, 2018

WASHINGTON, D.C. — ReadyTech Corp. and the Federal Trade Commission (FTC) have reached a settlement that resolves charges by the commission that the company falsely claimed it was certifying its compliance under the EU-U.S. Privacy Shield framework.

U.S. reaches $2.2 million settlement with company accused of implying links to USCIS

By Marian Johns | Oct 23, 2018

WASHINGTON, D.C. — Defendants in a complaint filed by the Federal Trade Commission (FTC) alleging they falsely implied their websites were tied to the U.S. Citizenship and Immigration Services (USCIS) have agreed to a $2.2 million settlement.

FTC: California stem cell therapy clinic falsely alleged it could cure serious diseases

By Marian Johns | Oct 22, 2018

WASHINGTON, D.C. — A California stem cell therapy clinic, which said it could treat serious diseases without any scientific evidence, has settled charges by the federal government.

FTC obtains record $1.3 million civil court judgment against AMG Services for alleged payday scheme

By Marian Johns | Sep 28, 2018

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has obtained a record $1.3 billion civil court judgment against AMG Services and its owner who is accused of operating a massive payday lending scheme.

Federal court grants FTC's request to stop false claims on rental listing websites

By Marian Johns | Sep 21, 2018

WASHINGTON, D.C. — A federal court has granted the Federal Trade Commission's (FTC) request for a temporary restraining order prohibiting two operators of rental listing websites from making false claims regarding availability of apartment units and Section 8 vouchers.

U.S. FEDERAL TRADE COMMISSION: FTC Returns more than $14 Million to Consumers Deceived by Misleading Light Bulb Claims

By Press release submission | Aug 28, 2018

The Federal Trade Commission (FTC) is mailing 499,105 checks totaling more than $14.4 million to people who bought Lights of America brand LED light bulbs.

U.S. FEDERAL TRADE COMMISSION: FTC and State of Minnesota Halt Sellers Playbook’s Get Rich Scheme

By Press release submission | Aug 11, 2018

The Federal Trade Commission and the State of Minnesota have charged Minnesota-based Sellers Playbook with running a large business opportunity scheme. A federal court temporarily halted the operation pending resolution of the case.

U.S. FEDERAL TRADE COMMISSION: FTC Charges Auto Dealerships in Arizona and New Mexico with Falsifying Consumers’ Information on Financing Documents

By Press release submission | Aug 11, 2018

The Federal Trade Commission has charged a group of four auto dealers operating in Arizona and New Mexico, near the border of the Navajo Nation, with a range of illegal activities, including falsifying consumers’ income and down payment information on vehicle financing applications and misrepresenting important financial terms in vehicle advertisements.

U.S. FEDERAL TRADE COMMISSION: FTC Returns Money to People Targeted by Phony Debt Collection Scheme

By Press release submission | Aug 3, 2018

The Federal Trade Commission is mailing 597 checks totaling more than $184,000 to people who were allegedly tricked into paying phony debts.

U.S. FEDERAL TRADE COMMISSION: FTC and States Combat Fraudulent Charities That Falsely Claim to Help Veterans and Servicemembers

By Press release submission | Jul 29, 2018

The Federal Trade Commission, along with law enforcement officials and charity regulators from 70 offices in every state, the District of Columbia, American Samoa, Guam and Puerto Rico, announced more than 100 actions and a consumer education initiative in “Operation Donate with Honor,” a crackdown on fraudulent charities that con consumers by falsely promising their donations will help veterans and servicemembers.

U.S. FEDERAL TRADE COMMISSION: FTC Testifies before House Energy and Commerce Subcommittee about Agency’s Work to Protect Consumers, Promote Competition, and Maximize Resources

By Press release submission | Jul 21, 2018

In testimony before the U.S. House Energy and Commerce Subcommittee on Digital Commerce and Consumer Protection, the Federal Trade Commission described its work to protect consumers and promote competition, and stressed the agency’s commitment to maximizing its resources, enhancing its effectiveness, and anticipating and responding to changes in the marketplace.

UNITED STATES FEDERAL TRADE COMMISSION: FTC Wins $5.2 Million Judgment against Defendants Who Tricked Consumers with Ads for Non-existent Rental Properties and 'Free' Credit Reports

By Press release submission | Jul 15, 2018

A federal judge has ordered Credit Bureau Center, LLC and its owner, Michael Brown, to pay more than $5.2 million to return to consumers, to resolve FTC charges that they deceived people with fake rental property ads and deceptive promises of “free” credit reports, and then tricked them into enrolling into a costly monthly credit monitoring service.

UNITED STATES FEDERAL TRADE COMMISSION: Operator and Corporate Associate of Business Coaching Scheme Settle with FTC

By Press release submission | Jul 15, 2018

An officer of the Digital Altitude scheme that falsely claimed it would enable people to earn substantial income online, and a company it used to process consumers’ credit card payments, are banned from selling business coaching programs and investment opportunities under settlements with the Federal Trade Commission.

FTC obtains court order to stop 2 California companies from alleged deceptive marketing

By Marian Johns | Jul 10, 2018

WASHINGTON, D.C. — The federal government has obtained a court order that halts the alleged deceptive marketing and billing of two California companies that sell skincare products, resolving resolves charges against dating back to June 2015.

California online training services company settles FTC charges of false privacy shields

By Marian Johns | Jul 10, 2018

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has reached a settlement with a California online training services company that allegedly posted false claims relating to its Privacy Shield participation.

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