FTC Wants Sellers of ‘Work-from-Home’ Offers to Reveal More
The Federal Trade Commission has added protections for consumers pursuing “work-from-home” programs with changes to its Business Opportunity Rule that become effective March 1, 2012.
The changes simplify the ...
Bureau Eyes Predatory Lending Impact on Military Families
Any consumer can become a victim of predatory lending, but when it happens to vulnerable military service members and their families, the practice is even more reprehensible.
The U.S. Consumer Financial Protection ...
FTC Halts $69-Fee Scam Pushing Federal Jobs List
The Federal Trade Commission has banned a website publisher and telemarketer from peddling a federal jobs list for a $69 fee in a pitch that claimed the information was exclusive.
However, that information is available ...
‘Deceptive’ Marketers Banned from Mortgage Fix Services: FTC
In three separate actions, the Federal Trade Commission said today it has settled with marketers who sold mortgage modification or foreclosure rescue services, but did not deliver what they promised after charging ...
Community Bankers: Consumers Be Wary of Mortgage-Fix Scams
The Independent Community Bankers of America is issuing tips for consumers on avoiding fraudulent offers of foreclosure and refinancing assistance.
The ICBA and nearly 8,000 community banks in the U.S. advise borrowers ...
$10M Scam: Consumers Hit with Bogus Credit, Debit Charges
More than 1 million consumers have been hit with one-time bogus charges on their credit and debit cards totaling $10 million – and the payments routed to scammers in Eastern Europe and Central Asia, according ...
Twitter Settles FTC Charges of Failing to Secure User Data
Micro-blogging giant Twitter has agreed to settle charges by the Federal Trade Commission that it failed to safeguard the personal information of its users.
It is the first case the FTC has brought against a social ...
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 ...
