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Business Blog

FTC bids good night to deceptive day trading earnings claims

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For people looking to gain a financial foothold, promises of $100,000 or more in “verified profits” in “under 45 days” are understandably alluring. But all too often what begins as a Siren’s Song ends...
Business Blog

Cremation companies exploit grieving consumers, alleges FTC

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Even the savviest consumers can be at their most vulnerable when making final arrangements for a loved one. They have to make quick decisions – often choices with major financial implications – while...
Business Blog

Complaint alleges HomeAdvisor misled businesses about leads

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Homeowners are looking for skilled home repair professionals. Service providers – plumbers, remodelers, landscapers, etc. – are looking for customers. That match used to happen through word of mouth...
Business Blog

FTC knocks out Raging Bull’s deceptive earnings claims

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For people trying to gain a financial foothold, the promise of “$10,000 per week” is a heavyweight representation. But all too often, they wind up losing their life savings to the promoters of bogus...
Business Blog

Share this with any DeVry students you know

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Do you have employees or colleagues who went to DeVry? Or perhaps you attended. You might have already gotten money back from the FTC. That’s thanks to a 2016 FTC settlement with the school over...
Business Blog

FTC 2021 Data Book: Just the facts

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In the old TV show Dragnet, Sergeant Joe Friday was famous for saying “Just the facts, ma’am.” But like “Play it again, Sam” in Casablanca, that quotable quote was never actually said by the lead...
Business Blog

Thinking about ignoring a CID? Think again.

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Protecting consumers from illegal robocalls is a battle the FTC is waging on all fronts. Two recent actions to enforce Civil Investigative Demands (CIDs) issued to VoIP service providers demonstrate...
Business Blog

Date and switch: Busting five myths about online romance

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It’s a “tale as old as time.” But unlike Beauty and the Beast, in the online version, the transformation often goes in the opposite direction with the entrancing lover ultimately revealed to be a...
Business Blog

Fast food franchisees raked over the coals, alleges FTC

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For many Americans, owning a fast food franchise seems like a promising way to secure their financial future. Hamburger chain franchisor Burgerim sold more than 1,500 franchises, pocketing tens of...