Report
Protecting Older Consumers 2018-2019: A Report of the Federal Trade Commission
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Displaying 41 - 60 of 69
FTC Report to Congress Details Fraud Reports from Older Consumers
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A new report from the Federal Trade Commission shows that adults aged 60 and older are less likely to report losing money to fraud than younger adults, but the amount of money they report losing is on...
Belizean Bank to Pay $23 Million and Cease Operations to Settle FTC Charges It Provided Substantial Assistance to the Sanctuary Belize Real Estate Scam
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Under a proposed consent order, Belize’s Atlantic International Bank Limited (AIBL) will pay $23 million, representing approximately all of its U.S.-based assets, to settle Federal Trade Commission...
At FTC’s Request, Court Halts Massive “Sanctuary Belize” Real Estate Investment Scam
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(NOTE TO MEDIA: Please see related press kit with maps, video, and audio.) At the Federal Trade Commission’s request, a federal district court in Maryland issued an order temporarily shutting down the...
FTC Wins Summary Judgment Against Fraudulent Gold, Silver Investment Scheme
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At the Federal Trade Commission’s request, a federal judge has banned the operators of a fraudulent investment scheme from selling investments and ordered them to pay more than $6.5 million for return...
FTC Obtains Court Order Requiring Owner of Precious Metals Investment Scam To Surrender Florida Home Bought With Ill-Gotten Gains
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A federal court has granted the Federal Trade Commission’s request for a lien on the Florida home of Sam J. Goldman, the operator of an alleged precious metals scam that conned senior citizens. For...
FTC Charges Gold, Silver Investment Scheme with Fraud
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The Federal Trade Commission charged a nationally advertised gold and silver marketing operation with bilking millions from consumers. The FTC seeks to recover money from the defendants to return to...
FTC Sends More Than $2.4 Million in Refunds to Consumers Harmed by Investment Scam
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The Federal Trade Commission has sent more than $2.4 million in refund checks to just over a hundred consumers harmed by the Premier Precious Metals scheme, which bilked millions of dollars from...
April is Financial Literacy Month
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April is Financial Literacy Month, and the Federal Trade Commission, the nation’s consumer protection agency, has information to help you make the most of your money no matter who you are – student...
FTC Settlement Bans Precious Metal Marketers from Selling Investment Opportunities
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The operator of a bogus precious metals investment scheme that bilked millions of dollars from investors, including many senior citizens, is permanently banned from selling any investment...
FTC Returns Additional $1.8 Million to Consumer Victims in DVD Vending Scam
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The Federal Trade Commission is mailing refund checks totaling more than $1.8 million to 433 consumers who were victimized by a scam that promoted video rental machines as a business opportunity. This...
FTC Halts Elusive Business Opportunity Scheme
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At the Federal Trade Commission’s request, a federal court has halted an elusive business opportunity scheme that allegedly conned more than $6 million from American and Canadian consumers. The FTC...
Precious Metal Marketers Agree to Settle FTC Charges
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Telemarketers behind an allegedly fraudulent investment scheme used to con nearly $5 million from elderly consumers have been banned from selling precious metals under a settlement with the Federal...
Defendants in Wealth-Building Scheme Banned from Telemarketing, Selling Business Opportunities, and Producing or Distributing Infomercials
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Russell and Catherine Dalbey – who allegedly defrauded consumers with promises of making big bucks by brokering seller-financed promissory notes – have settled with the Federal Trade Commission and...
FTC Action Leads Court to Halt Alleged Pyramid Scheme
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At the request of the Federal Trade Commission and the states of Illinois, Kentucky, and North Carolina, a federal court has halted an allegedly illegal pyramid scheme pending trial. The FTC and the...
FTC Takes Action Against Bogus Precious Metals Investment Scheme
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The Federal Trade Commission took action to halt a telemarketing operation that allegedly took millions of dollars from senior citizens by conning them into buying precious metals on credit without...
FTC Warns Advertisers and Media That Ads May Be Deceptive
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The Federal Trade Commission has sent letters to 166 advertisers and 77 media outlets warning them that their advertisements targeting Hispanics are potentially deceptive. The ads were spotted during...
Bad Bonds: FTC Charges Canadian Defendant with Defrauding Elderly U.S. Consumers with Promises of Cash Winnings
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The Federal Trade Commission has charged the operator of a Vancouver, Canada-based telemarketing operation with targeting elderly U.S. consumers in connection with offering nonexistent foreign bonds...
U.S., Canadian Officials Halt Canadian Telemarketing Scam "British Premium Savings Bond" Scheme Targeted Seniors
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Law enforcement authorities on both sides of the border have moved to halt a Vancouver-based telemarketing scam targeting senior citizens in the United States. At the request of the Federal Trade...
Promoters of Stock Market Investment Seminars Agree to Settle FTC Charges of Misrepresenting Earnings Potential
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Seattle, Washington-based Wade Cook Financial Corporation and Wade Cook Seminars, Inc. (collectively, "WCFC"), marketers and promoters of stock market investment seminars, have agreed to affirmatively...
Displaying 41 - 60 of 69