Allstar Marketing Group, a direct marketing company that typically sells “as-seen-on-TV” products such as Snuggies and the Magic Mesh door cover, has agreed to pay $7.5 million to the Federal Trade Commission for consumer restitution.
The Federal Trade Commission and 10 state attorneys general have taken action against a Florida-based cruise line and seven other companies that took part in a “massive telemarketing campaign resulting in billions of robocalls.”
It’s been a record-setting year for the Federal Trade Commission’s ongoing campaign to shut down abusive and law-breaking debt collection operations, which routinely harass consumers and violate their rights.
The Utah-based operators of the scheme have settled FTC charges that they conned consumers into paying hefty fees for “worthless” mortgage relief, the U.S. agency said.
The FTC charged that the companies advertised, both online and in print, “zero percent interest rates” for a 30-day car title loan — without disclosing important loan conditions or the increased finance charge imposed after the introductory period ended.
U.S. regulators don’t appear to be letting their guard down when it comes to payday lenders and their notorious fees. The Federal Trade Commission said Friday it has reached a $306 million settlement with two online lenders, AMG Services and MNE Services.
The FTC said these groups where in violations of FTC administrative orders which prohibit them from deceptively advertising the cost of buying or leasing a car.
The refunds are tied to a January 2014 settlement with the marketers of Sensa, who claimed that consumers could “sprinkle, eat, and lose weight” by using their product.
An FTC complaint alleges that from 2006 until January 2013, TRUSTe failed to conduct annual recertifications of companies holding TRUSTe privacy seals in more than 1,000 incidences.
A U.S. agency has taken the first legal action against a marketer under the Restore Online Shoppers’ Confidence Act (ROSCA), which prohibits an online transaction unless detailed terms have been disclosed and “express informed consent” has been provided by the consumer.