New analysis from the Federal Trade Commission shows a more than four-fold increase since 2020 in reports from older adults who say they lost $10,000 or more—sometimes their entire life savings—to scammers who impersonate trusted government agencies or businesses to convince consumers to transfer money to protect it, when in reality the scammers want to steal it
Author Archive for jhenderson2 – Page 9
Assurance IQ, LLC and MediaAlpha, Inc
Three of the defendants involved in the IM Mastery Academy scheme will pay $2
CONSUMER NEWS | AUGUST 6, 2025
Preparing Your Finances for an Unanticipated Disaster
Suggestions for having a plan
Many people think of disaster preparedness as having a stockpile of water, canned food, and flashlights: but you also need access to cash and financial services
The Federal Trade Commission is sending a total of $743,230 to student loan borrowers harmed by a debt relief scam that falsely promised loan forgiveness and bilked students out of millions
The owner of a business opportunity scheme will be permanently banned from selling business opportunities in settlement of Federal Trade Commission allegations that he and his company deceptively guaranteed consumers income through online storefronts
The Federal Trade Commission has received a $14
Today, the Federal Trade Commission launched a public inquiry to better understand how consumers may have been exposed to false or unsupported claims about “gender-affirming care”, especially as it relates to minors, and to gauge the harms consumers may be experiencing
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The Federal Trade Commission is sending more than $356,900 in refunds to consumers harmed by scammers who lured struggling student loan borrowers into signing up for a program that promised loan forgiveness that did not exist
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At the Federal Trade Commission’s request, a federal court has temporarily halted an alleged debt relief services scheme that targeted seniors, including veterans, using a wide range of deceptive conduct, including falsely impersonating consumers’ banks and credit card companies as well as government agencies
