The Federal Trade Commission is continuing its crackdown on payment processing operations that enable scam artists to charge consumer accounts despite signs of ongoing fraud and unauthorized transactions. Today, the Commission announced a proposed settlement…
Connecticut Utility Companies Join State Officials in Warning Residents About Scammers Demanding Payment Scammers posing as representatives of utility companies such as United Illuminating, Connecticut Natural Gas and Connecticut Light and Power have been targeting…
U.S., Canadian Consumers Lost More Than $6 Million At the Federal Trade Commission’s request, a federal court has halted an elusive business opportunity scheme that allegedly conned more than $6 million from American and Canadian…
At the request of the Federal Trade Commission, a federal court has halted a massive sweepstakes scam that has taken more than $11 million from consumers throughout the United States and dozens of other countries…
The defendants behind an alleged credit card interest rate reduction scam are banned from selling debt relief services and from telemarketing any goods or services. A federal court judge in Florida approved and signed a…
Selling or donating your timeshare, or hoping to land a great deal on a vacation getaway? You might be particularly vulnerable to certain scams, Connecticut Department of Consumer Protection Commissioner William M. Rubenstein and Attorney…
Defendants Were Responsible for More than 180 Million Spam Text Messages The Federal Trade Commission is cracking down on affiliate marketers that allegedly bombarded consumers with of millions of unwanted spam text messages in an…
Visit NBCNews.com for breaking news, world news, and news about the economy To test the honesty of plumbers NBC’s Jeff Rossen set up a test in a New Jersey home of a hot water heater….
FTC Settlement: Tax Relief Scammers Agree to Pay More Than $15 Million American Tax Relief Scheme Bilked Consumers With False Promises They Qualified for IRS Programs to Reduce Tax Debts Under an agreement with the…
Settlement with FTC Bans Sellers of Alleged Fraudulent Auto Loan Modifications from Marketing Debt Relief Services “Auto Debt Consulting” Operation Permanently Halted In a settlement with the Federal Trade Commission, two California-based companies and their…
National Collector’s Mint Inc., which sold 9/11-related coins and collectibles, including an “exclusively authorized” commemorative honoring the 10th anniversary of the September 11, 2001 attacks, has agreed to pay $750,000 to settle Federal Trade Commission…
FTC Shuts Down Another Credit Card Interest Rate Reduction Scheme Case is Sixth Advance-Fee Telemarketing Complaint Filed in Just Over a Month For the sixth time in just over a month, the Federal Trade Commission…
by Paul Kiel Rebecca Mairone, then at Bank of America, testifies to the Housing and Community Opportunity Subcommittee in Washington, D.C., on Nov. 18, 2010. Mairone now heads JPMorgan Chase’s involvement in the Independent Foreclosure…
Scam artists are opportunistic, and charity scams are a perfect illustration of this. Following high-profile disasters there are always numerous reports of consumers receiving solicitations from fraudulent charities. Scammers use the visibility of these disasters…
Rhode Island financial planner and lawyer Joseph Caramadre is the subject of a 66-count federal indictment relating to investments in variable annuities and corporate bonds. (Matthew Healey for ProPublica) Written by Jake Bernstein Joseph Caramadre…
The Consumer Financial Protection Bureau is seeking information on incidents of exploitation of the elderly, including financial exploitation to include in the Federal Register. The Register is advertising its efforts nationally to create a data…
FTC Alleged that They Deceptively Marketed Mortgage Modifications and “Forensic Audits”, Settlements Ban Them from Mortgage Relief Business The operators of an allegedly deceptive mortgage modification business will pay more than $750,000 in ill-gotten gains…
FTC Action Halts Alleged “Forensic Audit” Scam that Targeted Consumers in Danger of Losing Their Homes Forensic Mortgage Loan Audit Scams: A New Twist on Foreclosure Rescue Fraud At the request of the Federal Trade…
Consumers Who Bought Shape-ups, Other Toning Shoes Will Be Eligible for Refunds If you got sucked into buying a pair of Skechers Toning Shoes believing that they would help you lose weight, strengthen and tone…
The state Legislature bailed out Gov. Dannel Malloy’s efforts to force unionization on day care and home care workers for the disabled and elderly, but that doesn’t mean the issue is decided. State Sen. Joe…