Nov18
Open Commission Meeting – November 18, 2021
Agenda items: Presentation on Criminal Referrals and Partnerships and Motion to Issue Commission Statement, 6(b) Study on Supply Chain Disruptions
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FTC Takes Action to Ban Payment Processor From Debt Relief Processing
Date
The Federal Trade Commission obtained an order permanently banning a payment processor that facilitated a fraudulent student loan debt relief scheme from processing debt relief payments. The order...
FTC Sends Full Refunds Totaling Over $2 Million to Consumers who Lost Money Through Deceptive Direct Mail Publications Scheme
Date
The Federal Trade Commission is sending 34,893 checks and PayPal refunds totaling more than $2 million to consumers who lost money through a deceptive direct mail publications scheme . Agora Financial...
Agora Financial LLC
The FTC sued a publisher called Agora Financial, LLC, alleging that it tricks seniors into buying books, newsletters, and other publications that falsely promise a cure for type 2 diabetes or promote a phony plan to help them cash in on a government-affiliated check program. According to the FTC’s complaint, Agora Financial and some of its affiliates target publications, including The Doctor’s Guide to Reversing Diabetes in 28 Days (The Doctor’s Guide), primarily at older consumers nationwide, as well as pitching them on a fake scheme to cash in on Congress’ Secret $1.17 Trillion Giveaway. The FTC announced a proposed order settling the allegations against all defendants in February 2021.
Type of Action
Federal
Last Updated
FTC Matter/File Number
182 3116
Case Status
Pending
FTC Sues Utah-based Company for Falsely Claiming Its Nasal Sprays Can Prevent and Treat COVID-19
Date
The Federal Trade Commission sued Xlear, Inc., a Utah-based company, for violating the COVID-19 Consumer Protection Act, alleging that it falsely pitched its saline nasal sprays as an effective way to...
FTC to Ramp up Enforcement against Illegal Dark Patterns that Trick or Trap Consumers into Subscriptions
Date
This release was updated at October 29, 2021 10:00AM to correct an earlier error. The Federal Trade Commission issued a new enforcement policy statement warning companies against deploying illegal...
FTC and DOJ to Hold Virtual Public Workshop Exploring Competition in Labor Markets
Date
The Federal Trade Commission and the Department of Justice Antitrust Division will host a virtual workshop on Dec. 6 and 7 to discuss efforts to promote competitive labor markets and worker mobility....
FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches
Date
The Federal Trade Commission today announced a newly updated rule that strengthens the data security safeguards that financial institutions are required to put in place to protect their customers’...
Report
Federal Trade Commission Cigarette Report for 2020 and Smokeless Tobacco Report for 2020
Date
File
Text of the Cigarette Report
(1.45 MB)
File
Text of the Smokeless Tobacco Report
(2.92 MB)
FTC Report Finds Annual Cigarette Sales Increased for the First Time in 20 Years
Date
The number of cigarettes that the largest cigarette companies in the United States sold to wholesalers and retailers nationwide increased from 202.9 billion in 2019 to 203.7 billion in 2020, according...
FTC Puts Businesses on Notice that False Money-Making Claims Could Lead to Big Penalties
Date
The Federal Trade Commission is putting more than 1,100 businesses that pitch money-making ventures on notice that if they deceive or mislead consumers about potential earnings, the FTC won’t hesitate...
FTC Staff Report Finds Many Internet Service Providers Collect Troves of Personal Data, Users Have Few Options to Restrict Use
Date
Many internet service providers (ISPs) collect and share far more data about their customers than many consumers may expect—including access to all of their Internet traffic and real-time location...
Funder and Servicer of Online Trading Academy Payment Plans Will Forgive Debt in Settlement with FTC
Date
The funder and servicer of the payment plans used by consumers to pay for expensive and often ineffective investment “trainings” from Online Trading Academy (OTA) will be required to offer debt...
FTC Sends Refunds to Consumers Who Bought Deceptively Marketed Supplements to Treat Pain and Age-related Health Conditions
Date
The Federal Trade Commission is sending refund payments totaling more than $1.1 million to consumers who bought three supplements deceptively marketed as treatments for pain and other health...
Nordic Clinical, Inc. and Encore Plus Solutions, Inc.
In April 2020, the marketers of three supplements called Neurocet, Regenify, and Resetigen-D settled FTC charges that they deceptively promoted their products to older Americans using false claims that their products could stop pain and treat age-related ailments. The proposed order bars the defendants—five related companies and their principals from making any claims about the health benefits of their products unless they are true and supported by scientific evidence. In October 2021, the FTC announced it was returning $1.1 million to consumer who bought the defendants’ products.
Type of Action
Federal
Last Updated
FTC Matter/File Number
172 3132
172 3143
Case Status
Pending
FTC Issues Annual Report to Congress on Protecting Older Adults
Date
The Federal Trade Commission has issued its latest report to Congress on protecting older adults, which highlights updated findings from the Commission’s fraud reports showing trends in how older...
New FTC Staff Report Outlines Impact of Fraud on Communities of Color
Date
New research in a staff report from the Federal Trade Commission shows a number of key differences in the way that fraud and other consumer problems affect communities of color, from the types of...
Displaying 841 - 860 of 4776