ICON Health & Fitness, Inc. (ICON) and its related entities have agreed to pay $3 million in civil penalties to settle FTC charges that the companies violated the Commission’s 1997 consent order by advertising that…
By: Lisa Chedekel After months of delays, the U.S. Senate on Tuesday confirmed state Veterans Affairs Commissioner Linda Schwartz as the new Assistant Secretary of Veterans Affairs for Policy and Planning in the U.S. Department…
Bureau Seeks More than $500 Million In Relief For Borrowers of Corinthian’s Private Student Loans Today the Consumer Financial Protection Bureau (CFPB) sued for-profit college chain Corinthian Colleges, Inc. for its illegal predatory lending scheme….
According to FTC, Defendant Falsely Claimed Mortgage Refinancing Was “Free,” Carried No Hidden Fees, and Would Save Consumers $2,000 a year. The Internet-based operation that finds potential borrowers for mortgage refinancing lenders will pay a…
The Federal Trade Commission has halted two health care scams that were designed to trick consumers into paying for phony “discount” cards, which the scammers falsely claimed would provide consumers with health insurance, or help…
A Texas-based company, Applied Food Sciences, Inc. (AFS), has settled Federal Trade Commission charges that it used the results of a flawed study to make baseless weight-loss claims about its green coffee extract to retailers,…
By: Peggy McCarthy | Conley Monk, a Vietnam War veteran who has been fighting for decades to have his military discharge status upgraded, expressed hope Friday that new Pentagon guidelines will help him and other…
Google to Refund Consumers at Least $19 Million to Settle FTC Complaint It Unlawfully Billed Parents for Children’s Unauthorized In-App Charges FTC Order Requires Google to Change its Mobile App Billing Practices to Ensure Consumers’…
Consumers Can Be Hit With Surprise Charges After Signing Up for Credit Card Interest-Rate Promotions The Consumer Financial Protection Bureau (CFPB) is warned credit card companies against deceptively marketing interest-rate promotions. The Bureau is concerned…
First Investors Fined $2.75 Million for Knowingly Providing Inaccurate Information to Credit Reporting Agencies for Years The Consumer Financial Protection Bureau (CFPB) is taking action against an auto finance company that distorted consumer credit records…
The Consumer Financial Protection Bureau (CFPB) today put an end to a servicemember fee scam run by USA Discounters, Ltd., a company that operates a chain of retail stores near military bases and offers financing…
CFPB Now Accepting Complaints on Virtual Currency Products and Services The Consumer Financial Protection Bureau (CFPB) has issued a consumer advisory warning consumers about the risks of virtual currencies such as Bitcoin. The CFPB advises…
The Consumer Financial Protection Bureau (CFPB) has taken enforcement action against ACE Cash Express, one of the largest payday lenders in the United States, for pushing payday borrowers into a cycle of debt. The CFPB…
Attorneys general is three states have sued energy drink 5-hour Energy claiming that the popular product falsely claims that ingredients other that caffeine are giving users a boost. The company claims that B-vitamins, amino acids,…
The operators of a Tampa, Florida-based payday loan broker scheme have agreed to settle Federal Trade Commission charges that they falsely promised to help consumers get loans, but instead used consumers’ personal financial data to…
FTC Alleges Amazon Unlawfully Billed Parents for Millions of Dollars in Children’s Unauthorized In-App Charges No Password or Other Indication of Parental Consent Was Required for Charges in Kids’ Apps; Internal E-mail Referred to Situation…
A Southern California debt collection operation, Asset Capital and Management Group, will surrender more than $4 million for consumer redress to settle Federal Trade Commission charges that it extorted payments from consumers using false threats….
Defendants Vowed to Revoke Consumers’ Driver Licenses; Made Other Illegal Threats, FTC Alleges At the request of the Federal Trade Commission, a U.S. district court has halted a Georgia-based operation from using deception and threats…
If you’re trying to make ends meet, here’s a pitch that might catch your interest: “Convert tomorrow’s pension checks into hard cash today.” Sound tempting? Think again. The Federal Trade Commission, the nation’s consumer protection…
Claims that Skincare Products Targeted Users’ Genes Were Misleading, FTC Says Cosmetics company L’Oréal USA, Inc. has agreed to settle Federal Trade Commission charges of deceptive advertising about its Lancôme Génifique and L’Oréal Paris Youth…