Tag: Finance

The operators of an illegal debt collection scheme have agreed to be permanently banned from the debt collection business in order to settle FTC charges that they falsely threatened to have people...

The operators of a Georgia-based debt collection business that allegedly used false claims and threats to get people to pay debts – including debts they did not owe or that the defendants had no...

The Federal Trade Commission is mailing 597 checks totaling more than $184,000 to people who were allegedly tricked into paying phony debts. In October 2015, the FTC and the State of New York charged...

The Federal Trade Commission and the New York Attorney General’s Office have charged two New York-based operations and their principals with running a scheme to collect money from consumers on fake...

A North Carolina debt collection operation, Lombardo, Daniels & Moss, and its principals, Dion Barron and Charles R. Montgomery III, will be banned from the debt collection business under settlements...

The Federal Trade Commission has given final approval to a settlement with PayPal, Inc. over allegations that its Venmo peer-to-peer payment service misled consumers about their ability to transfer...

The operators of a deceptive and abusive debt collection scheme are banned from the debt collection business and from buying or selling debt under settlements with the Federal Trade Commission and the...

Michael Abdelmesseh and KMA Merchant Services LLC have agreed to settle a Federal Trade Commission lawsuit for laundering credit card charges for Money Now Funding (MNF), a business opportunity scheme...

The final defendant in an operation that posed as lawyers and falsely threatened to sue people or have them arrested for failing to pay on debts they did not owe is banned from the debt collection...

The Federal Trade Commission has reached a settlement with PayPal, Inc. over allegations that the company told users of its Venmo peer-to-peer payment service that money credited to their Venmo...

The Federal Trade Commission staff has released business guidance to help multi-level marketers (MLMs) understand and comply with the law. Although there may be significant differences in how MLMs...