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Bringing new employees onboard? Help them avoid impersonator scams

BCP Staff
BCP Staff
After a careful search, you hired the perfect employee. You can’t wait to share the good news on your business’s website and social media. Go ahead and shout it from the virtual rooftop, but know that it’s not only potential clients and competitors who’ll get the alert. Scammers are watching, too — and they might use the update to target your new employee.

First Research Published from Physician 6(b) Study

Tom Koch (Acting DAD, BE Office of Applied Research and Outreach) and Ted Rosenbaum (Acting BE Director)
We are excited to announce the publication of the first peer-reviewed journal article coming out of the FTC’s Physician 6(b) study. The paper, published in the May 2025 issue of Health Affairs Scholar, provides an overview of the merger activity within 15 states between 2015 and 2020 (inclusive). The study identifies approximately 2,000 physician mergers during that period and characterizes the mergers in several ways, including: 38% of doctors...

Don’t fumble in the red zone: FTC staff’s warning about the new Fees Rule

BCP Staff
This week, just in time for the start of football ticket sales season, the FTC announced Bureau of Consumer Protection staff sent a warning letter to a company in the business. The issue? According to the letter, the ticket seller may have been violating the FTC’s Rule on Unfair or Deceptive Fees (Fees Rule), which went into effect May 12. The Fees Rule prevents deception by requiring businesses to display the total price for live-event tickets...

A million-dollar blunder: How the FTC’s settlement with software provider accessiBe can help your business avoid similar missteps

BCP Staff
It’s advertising law 101: before you claim your product can perform a certain task, you need evidence it will work as promised. If your product doesn’t live up to the hype, you’ll have to deal with the consequences—which could include a potential FTC lawsuit. That’s the lesson from a recently announced settlement between the FTC and accessiBe, a company that advertised its online plug-in as a fully automated tool to make any website compliant...

New FTC Data Spotlight highlights text scams that may target your business

BCP Staff
According to the FTC’s latest Data Spotlight, text scam losses are skyrocketing. In 2024 people reported $470 million in losses to text scams, more than five times the amount reported in 2020. Check out the Data Spotlight for more information. Want to help your employees spot and avoid the most common text scams highlighted by the Data Spotlight? Check out the FTC’s Consumer Alert with details and advice. Here are a few examples of text scams...

Top text scams of 2024

Division of Consumer Response and Operations Staff
It’s hard not to glance at your phone when you hear the ding of an incoming text. Scammers bet on it. And reports to the FTC’s Consumer Sentinel Network suggest their odds of a big payout have improved: reported losses to text scams have skyrocketed even as the number of reports declined. In 2024, people reported $470 million in losses to these scams, more than five times the 2020 number. And since the vast majority of frauds are never reported, this number likely reflects only a fraction of the actual harm.

BOTS Act compliance: Time for a refresher?

BCP Staff
Fans want to know that when tickets to their favorite artist’s summer tour drop, they have a chance of getting good seats at face value. They don’t want to have to compete with people cheating the system by buying more tickets than allowed by the ticket seller. And they really don’t want to have to buy their tickets at seriously inflated prices from ticket resellers who cheated the system. That’s the problem Congress was trying to address with...

Celebrating the Impersonation Rule that helps the FTC fight scams

BCP Staff
They say April showers bring May flowers. April also marks the one-year anniversary of the FTC’s Impersonation Rule, which gives the FTC more tools to fight impersonation scams that cost nearly $3 billion in reported losses during 2024. Impersonation scams hurt people and legitimate businesses. Here’s what the FTC is doing to fight these scams. Impersonators pretend to be someone they’re not to try to steal your money or personal information...