Consumer debt

Debt Collection Scheme Eyed Magazine Subscriptions: FTC

Operators of a debt collection scheme that allegedly sought payment for bogus magazine subscriptions have settled with the Federal Trade Commission. The proposed settlement, filed by the Justice Department on behalf ...
FTC Shuts ‘Your Own Website’ Biz Opp Scheme

FTC Shuts ‘Your Own Website’ Biz Opp Scheme

Promoters of an “own-your-own” website business opportunity falsely promised consumers would earn thousands of dollars in commissions from online purchases, according to the Federal Trade Commission. A ...
FCC Warns of Prepaid Calling Card Schemes, Hidden Fees

FCC Warns of Prepaid Calling Card Schemes, Hidden Fees

Despite the proliferation of cell phones and face-to-face online connectivity, prepaid calling cards are still around, and so are the schemes that prey on unsuspecting consumers, many of them low-income residents, ...
IRS Watchdog Finds 1.5M Undetected Bogus Refunds

IRS Watchdog Finds 1.5M Undetected Bogus Refunds

The watchdog over the U.S. Internal Revenue Service said the IRS did not catch at least 1.5 million bogus tax refunds in 2010, and that illustrates the scope of identity theft-driven fraud that goes undetected every ...
MySpace Misled Users on Data-Sharing with Advertisers: FTC

MySpace Misled Users on Data-Sharing with Advertisers: FTC

MySpace.com – once the dominant social networking site before Facebook’s rapid dominance – misled millions of users by sharing their personal information with advertisers, while misrepresenting consumer protections, ...
FTC Seeks $52M in Refunds from Bogus Phone Bill ‘Cramming’

FTC Seeks $52M in Refunds from Bogus Phone Bill ‘Cramming’

The Federal Trade Commission alleges that the nation’s largest third-party billing company made it possible for con artists to steal more than $70 million in bogus phone bill charges in a practice known as “cramming.” The ...
FTC Wins Case Against $450M ‘Get-Rich-Quick’ Infomercials

FTC Wins Case Against ‘Get-Rich-Quick’ Infomercials

A federal court judge has ruled that the marketers behind get-rich-quick infomercials – peddling real estate and Internet riches – misled consumers in violation of federal law, according to the Federal Trade ...
FCC Adopts Rules to Fight Phone Bill ‘Cramming’ Fees

FCC Adopts Rules to Fight Phone Bill ‘Cramming’ Fees

The Federal Communications Commission has adopted new rules to protect Americans from hard-to-detect fraudulent charges on their landline phone bills, a practice known as “cramming.” The new rules combat the ...
Symantec: Malicious Internet Attacks Jumped 81% in 2011

Symantec: Malicious Internet Attacks Jumped 81% in 2011

There were more than 5.5 billion malicious malware attacks on computer systems in 2011, an increase of more than 81 percent from the previous year, according to a new report by the computer security firm Symantec. The ...
FTC Seeks Input on I.D. Theft’s Impact on Senior Citizens

FTC Seeks Input on I.D. Theft’s Impact on Senior Citizens

The Federal Trade Commission wants first-hand accounts of how identity theft affects senior citizens so it can formulate enforcement agendas, policy initiatives and a consumer education campaign. Seniors are particularly ...
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