Eight firms were notified by FTC to revise warranty terms or face legal action. The Federal Trade Commission (FTC) has issued warning letters to eight companies regarding warranty…
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FTC Takes Action Against Vroom
Court order proposes the online car dealer pay more than $1 million to reimburse customers. The Federal Trade Commission has taken action against the online car dealer, Vroom,…
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FCC Drafts Rule to Require Mobile Carriers to Unlock Phones
The agency will seek input on the proposal to have phones unlocked 60 days after purchase. The Federal Communications Commission has begun the rule-making process that would mandate…
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FTC Seeks to End Student Loan Debt Relief Scam
A federal court freezes assets in the agency’s first case under the Impersonation Rule. The Federal Trade Commission (FTC) has taken action against a student loan debt relief…
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FTC Takes Action Against Gig Work Company About Pay
The agency’s proposed settlement would require Arise Virtual Solutions to pay for consumer refunds. The Federal Trade Commissioner has proposed a settlement with Arise Virtual Solutions that would…
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SEC Launches Campaign to Promote Investor Protection
The educational initiative is meant to help investors avoid scams. The Securities and Exchange Commission’s Office of Investor Education and Advocacy has launched a public awareness campaign called…
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FTC Reports Increase in Government Impersonation Scams
Consumer losses nearly double in 2023, prompting federal agencies to raise awareness and combat deceptive tactics The Federal Trade Commission (FTC) recently released data showing an increase in…
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FTC Takes Action Against Adobe
The complaint says the company hid fees and prevented consumers from canceling services. The Federal Trade Commission (FTC) is taking action against Adobe and two executives for allegedly…
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Justice Department Authorizes Distributions to Victims of Crypto Mismanagement
Binance violated the Bank Secrecy Act. The Department of Justice (DOJ) authorized an additional $940 million to be distributed to victims of financial mismanagement caused by the cryptocurrency…
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FTC Issues Refunds to Consumers Defrauded by Business Consultants
Refunds totaling over $2 million are being distributed to nearly 2,000 consumers misled by baseless earnings claims. The Federal Trade Commission (FTC) is issuing over $2.4 million in…
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