Archive for FTC.gov – Page 95

The Federal Trade Commission will host its third FinTech Forum on March 9, 2017, focusing on the consumer implications of two rapidly developing technologies: artificial intelligence and blockchain

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Web of defendants blasted billions of robocalls, including more than 70 million to numbers on National Do Not Call Registry
The Federal Trade Commission today announced a crackdown on two massive robocall telemarketing operations, both of which have been blasting robocalls to consumers on the National Do Not Call (DNC) Registry since at least 2012

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The Federal Trade Commission has adjusted the maximum civil penalty dollar amounts for violations of 16 provisions of law the FTC enforces, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015

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Federal Trade Commission Chairwoman Edith Ramirez issued the following statement today after the adoption of a Swiss-U

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Falsely claimed ‘mass joinder’ lawsuits would void mortgage or get consumers $75,000 cash
Damian Kutzner, one of the operators of a mortgage relief scheme that bilked millions of dollars from financially distressed homeowners, has agreed to a court order banning him from the debt relief business

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Business Blog provides lessons from the FTC’s Herbalife and Vemma cases
The Federal Trade Commission is mailing checks to nearly 350,000 people who lost money running Herbalife businesses

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Widely advertised supplement touted to improve memory in 90 days
The Federal Trade Commission and New York State Attorney General have charged the marketers of the dietary supplement Prevagen with making false and unsubstantiated claims that the product improves memory, provides cognitive benefits, and is “clinically shown” to work

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Debt collectors used them to collect on debts people did not owe
The Federal Trade Commission has charged a Kansas man and his companies with selling portfolios of fake payday loan debts that debt collectors used to get people to pay on debts they did not owe

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Device-maker’s alleged failures to reasonably secure software created malware risks and other vulnerabilities
The Federal Trade Commission filed a complaint against Taiwan-based computer networking equipment manufacturer D-Link Corporation and its U

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Concludes consumers likely harmed in the cost of searching and choosing accommodations if a total price is not presented first
A new issue paper authored by an FTC staff economist concludes that consumers are likely being harmed by the hotel industry practice of disclosing mandatory resort fees separate from posted room rates, without first disclosing the total price

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