Crackdown on Mortgage Fraud, Relief Scams Yields 485 Arrests
A federal task force targeting mortgage fraud and foreclosure-rescue scams today released their tally since March 1: 485 arrests, 191 civil enforcement actions and the recovery of more than $147 million.
Operation ...
FTC Teaser Site ‘Guarantees’ Loans – Like Upfront Fee Scams
The Federal Trade Commission wants to drive home the impact of a well-crafted and marketed website that “guarantees” a loan – just like your typical advance-fee scam sites.
So it created its own “teaser” ...
FTC Settles with N.Y. Pre-paid Calling Card Firm on ‘False Claims’
The Federal Trade Commission has settled with a third pre-paid calling card company in an ongoing crackdown, bringing to $4 million the total amount such firms have paid in response to charges of making false claims ...
Foreclosure Rescue Scams: Don’t be Taken by Phony Audits
The Federal Trade Commission calls it the latest twist in increasing foreclosure prevention scams: forensic auditors backed by attorneys who claim they can find laws your lender violated to get you off the hook.
“The ...
Social Media ‘Explosion’ Spurs Children’s Privacy Review
The “rapid-fire” pace of mobile technology and the “explosion” in social media has warranted a review of an existing federal rule protecting children’s online privacy to make sure it is adequate, the Federal ...
Facebook Beware: FTC’s New Focus is on Consumer Data Privacy
Even before a group of U.S. senators asked the Federal Trade Commission to look into Facebook’s new sharing platform with third-party sites, the agency had declared that data security and privacy have become a ...
Victims to Get Back $18M from Wire-Transfer Scams
More than 34,000 checks totaling nearly $18 million are being mailed to those identified as victims in a series of cross-border fraud schemes that involved payments through MoneyGram International, the second-largest ...
Credit Card Rate Scams: Don’t Fall for Robocalls, FTC Says
Consumers are getting “inundated” with so-called robocalls – pre-recorded sales pitches – from firms claiming they can reduce your credit card interest rates for a fee, said the Federal Trade Commission.
Don’t ...
FTC to Mail $6M in QVC Refunds Over Bogus Diet Pills
Starting April 30, the Federal Trade Commission will start mailing out 140,000 refund checks totaling about $6 million to buyers of dietary supplements that were falsely marketed as helping women lose substantial ...
Facebook Privacy: Should FTC Set Social Media Guidelines?
When Facebook first revealed it would share personal profile information with third-party partner sites, users and privacy advocates voiced concerns and anger.
Now a U.S. Senator wants the Federal Trade Commission, ...
