Displaying 221 - 240 of 1268
FTC Sues Medical Clinic and its Owner for False or Unsubstantiated Claims its Treatment Could Cure Addiction and Other Diseases
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The Federal Trade Commission took action under the Opioid Addiction Recovery Fraud Prevention Act (OARFPA), suing Dr. Dalal A. Akoury and a set of companies she controls that operate as AWAREmed...
FTC Issues Orders to Social Media and Video Streaming Platforms Regarding Efforts to Address Surge in Advertising for Fraudulent Products and Scams
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With fraud on social media surging, the Federal Trade Commission has issued orders to eight social media and video streaming platforms seeking information on how these companies scrutinize and...
FTC Finalizes Order Against Pyrex Glass Manufacturer for False Made in USA Claims
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The Federal Trade Commission has finalized its order against Instant Brands, manufacturer of Pyrex-brand kitchen and home products, for making false “Made in USA” claims. The FTC’s order, first...
FTC Sends Nearly $2.4 Million to Raging Bull Customers After the Company Agrees to Settle Charges of Bogus Earnings Claims
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The Federal Trade Commission is sending payments totaling nearly $2.4 million to consumers who paid subscription fees to the online stock trading site RagingBull.com, a company the FTC says used bogus...
FTC Takes Action Against doTERRA Distributors for False COVID-19 Health Claims
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The Federal Trade Commission has brought lawsuits against three current and former high-level distributors – so-called “Wellness Advocates” – of the Utah-based multi-level marketing company doTERRA...
More than $115 Million in Refunds Sent to Consumers as a Result of FTC, DOJ Charges That MoneyGram Failed to Crack Down on Scams
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More than $115 million in refunds are being sent to consumers nationwide as a result of a 2018 action the Federal Trade Commission and the U.S. Department of Justice brought against MoneyGram for...
New FTC Data Reveals Top Lies Told by Romance Scammers
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New data released today by the Federal Trade Commission sheds new light on the lies that romance scammers use to take advantage of people—lies that reports to the FTC show cost nearly 70,000 consumers...
FTC Commissioners Vote to Deny Motion by the Agency’s Staff Seeking Summary Decision Against Intuit
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FTC Commissioners voted to deny a motion by the agency’s Bureau of Consumer Protection seeking a summary decision against Intuit Inc. for engaging in allegedly deceptive advertising of its TurboTax...
FTC’s Bureau of Consumer Protection Issues Criminal Liaison Unit Report Detailing Efforts to Ensure Wrongdoers Face Accountability
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The Criminal Liaison Unit of the Federal Trade Commission’s Bureau of Consumer Protection (BCP CLU) has issued its 2022 Criminal Liaison Unit Report , describing the history of the BCP CLU, its...
FTC Finalizes Order Requiring Credit Karma to Pay $3 Million and Halt Deceptive ‘Pre-Approved’ Claims
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Following a public comment period, the Federal Trade Commission finalized a consent order settling charges that credit services company Credit Karma deployed dark patterns to misrepresent that...
Wireless Customers Who Were Subject to Data Throttling by AT&T Can Apply for a Payment from the FTC
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The Federal Trade Commission opened a claims process for former AT&T customers who have yet to claim a refund stemming from the FTC’s lawsuit against the company for misleading consumers about its...
Concurring Statement of Commissioner Christine S. Wilson Regarding WealthPress, Inc.
Date
By
Christine S. Wilson, Former Commissioner
Matter Number
212 3002
FTC Suit Requires Investment Advice Company WealthPress to Pay $1.7 Million for Deceiving Consumers
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As a result of a Federal Trade Commission lawsuit, investment advice company WealthPress has agreed to a proposed court order that would require it to refund more than $1.2 million to consumers and...
FTC Returns More Than $2.9 Million To Consumers Harmed by Warrior Trading
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The Federal Trade Commission is sending payments totaling more than $2.9 million to 20,402 people who paid thousands of dollars for Warrior Trading’s investment programs. The company made misleading...
Warrior Trading, Inc., FTC v.
The Federal Trade Commission is cracking down on the Warrior Trading day trading investment scheme for making misleading and unrealistic claims of big investment gains to consumers. The FTC alleges that Warrior Trading and its CEO, Ross Cameron, used those claims to convince consumers to pay hundreds or thousands of dollars for a trading system that ultimately failed to pay off for most customers.
As a result of the FTC’s case, Warrior Trading will be required to pay $3 million to refund consumers and will be prohibited from making baseless claims about the potential for consumers to earn money using their trading strategies.
The Federal Trade Commission is sending payments totaling more than $2.9 million to 20,402 people who paid thousands of dollars for Warrior Trading’s investment programs. The company made misleading and unrealistic claims to sell a day trading “system” that failed to pay off for most customers.
Type of Action
Federal
Last Updated
FTC Matter/File Number
2023198
Case Status
Pending
Federal Register Notice
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension (Regulation O)
Date
FTC Action Leads to Permanent Ban for Scammers Behind ‘The Credit Game’ Credit Repair Scheme
Date
As a result of a Federal Trade Commission lawsuit, the operators of “The Credit Game,” a credit repair scheme that cost consumers millions of dollars, face a lifetime ban from the credit repair...
Displaying 221 - 240 of 1268