Author Archive for ndrayton – Page 55

A federal judge in Illinois has ruled in favor of the Federal Trade Commission  in a case the FTC has been litigating since 2019 against a telemarketing company and its owners, finding they made millions of illegal, unsolicited calls to consumers on the Do Not Call Registry

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The Federal Trade Commission announced a settlement with bankrupt crypto company Voyager that will permanently ban it from handling consumers’ assets and is filing suit against its former CEO, Stephen Ehrlich, for falsely claiming that customers’ accounts were insured by the Federal Deposit Insurance Corporation (FDIC) and were “safe,” even as the company was approaching an eventual bankruptcy

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The Federal Trade Commission and the Consumer Financial Protection Bureau (CFPB) obtained a settlement that will require credit reporting agency Trans Union LLC and a subsidiary to pay a total of $15 million to settle charges they failed to ensure the accuracy of tenant screening reports by including inaccurate and incomplete eviction records about consumers, hampering their ability to obtain housing

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Continuaremos tomando los pasos necesarios para garantizar que todos los consumidores, incluyendo los inmigrantes, tengan acceso equitativo a oportunidades de crédito

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The CFPB will continue to take steps to ensure that all consumers, including immigrants, have equal access to credit opportunities

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PRESS RELEASE | OCTOBER 11, 2023

FDIC Launches Public Campaign to Raise Awareness About Deposit Insurance

WASHINGTON — To increase the public’s awareness of deposit insurance and how it can protect people’s money in the event of a bank’s failure, the Federal Deposit Insurance Corporation (FDIC) today launched a national campaign, “Know Your Risk

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The Federal Trade Commission today announced a new proposed rule to prohibit junk fees, which are hidden and bogus fees that can harm consumers and undercut honest businesses

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As a result of a Federal Trade Commission lawsuit, the owner of a series of companies that charged consumers millions of dollars in undisclosed and recurring subscription fees for skin creams has agreed to a lifetime ban on negative option marketing and will turn over his funds and assets to the FTC

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Two groups of student loan debt relief scammers will be permanently banned from the debt relief industry and are required to turn over their assets as part of a settlement with the Federal Trade Commission

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New data from the Federal Trade Commission shows that scams originating on social media have accounted for $2

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