Dec16
Open Commission Meeting – December 16, 2021
Agenda item: Advance Notice of Proposed Rulemaking to Combat Government and Business Impersonation Fraud.
Displaying 261 - 280 of 1196
FTC Returns Additional $25 Million to Consumers Who Lost Money to Business Coaching Scam
Date
The Federal Trade Commission is returning an additional $25 million to consumers who lost money to a business coaching scheme that used the names Coaching Department and Apply Knowledge, among others...
FTC Data Show Major Increase in Gift Cards As Scam Payment Method
Date
A new Federal Trade Commission data spotlight shows that in the first nine months of 2021, consumers reported losing $148 million in scams where gift cards were used as the form of payment. That...
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 Returns Nearly $60 Million to Drivers Whose Tips Were Illegally Withheld by Amazon
Date
The Federal Trade Commission is sending nearly $60 million to more than 140,000 Amazon drivers. The funds will serve as reimbursement for tips that Amazon allegedly illegally withheld from drivers...
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...
Federal Register Notice
Resident Home, LLC; Analysis of Proposed Consent Order To Aid Public Comment
Date
Funder and Servicer of Online Trading Academy Payment Plans Will Forgive Debt in Settlement with FTC
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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...
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...
FTC Stops Deceptive Prison Calling Scheme, Requires Operator to Notify Consumers About Unlawful Conduct as Part of Settlement
Date
The Federal Trade Commission has halted a scheme that deceived friends and family of incarcerated people with false promises of unlimited minutes for inmate calling plans that, in reality, did not...
Disruption Theory LLC (Inmate Call)
A federal court issued a temporary restraining order against Marc and Courtney Grisham and two companies they operate, Disruption Theory LLC and Emergent Technologies LLC, which do business as inmatecall.com and inmatecallsolutions.com, related to FTC allegations they offered fake calling plans for unlimited minutes and falsely claiming to be affiliated with companies authorized to provide calling services to people who are incarcerated.
Type of Action
Federal
Last Updated
FTC Matter/File Number
192 3156
Case Status
Pending
FTC Sends Refunds Totaling Nearly $300,000 to People who Lost Money to a Tech Support Scheme
Date
The Federal Trade Commission is sending 31,075 checks to people who were deceived by Elite IT Partners Inc. into paying for costly and unnecessary computer repair services. In a complaint filed 2019...
Elite IT Partners, Inc.
The Federal Trade Commission alleged Elite IT Partners, Inc. and its founder, President and CEO James Martinos settled FTC allegations that they tricked consumers into believing their computers were infected with viruses in order to sell them costly computer repair services.
Type of Action
Federal
Last Updated
FTC Matter/File Number
182 3114
FTC Orders “Made in USA” Repeat Offender to Pay Funds
Date
Resident Home LLC and owner Ran Reske, will pay $753,000 to settle FTC charges that they made false, misleading, or unsupported advertising claims that their imported DreamCloud mattresses were made...
FTC Returns Money to Consumers Harmed By Phantom Debt Collector
Date
The Federal Trade Commission is returning $772,512 to consumers who were targeted by a debt collector who unlawfully brokered and collected fake debts that the consumers did not owe. According to the...
Hylan Asset Management, LLC
The defendants behind a New York-based debt collection scheme will be permanently banned from the debt collection industry under a settlement with the Federal Trade Commission and the New York Attorney General, who alleged that the defendants bilked consumers out of millions of dollars by brokering and collecting on fake debts that people did not owe. In October, 2021 the FTC returned $772,512 to consumers who were targeted by the defendants.
Type of Action
Federal
Last Updated
FTC Matter/File Number
162 3188
X180037
Displaying 261 - 280 of 1196