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 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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Justice Department Charges 5 Californians for Medicare Fraud

Fake hospices were opened to tap federal funding. The Department of Justice facilitated the arrest of five California residents charged with defrauding Medicare of more than $15 million…

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Justice Department Finds Company Guilty of Selling Household Data

Millions of households were included in over 100 personal data lists sold to fraud perpetrators. The Department of Justice (DOJ) announced that two former employees of Epsilon Data…

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FTC Reports Surge in Scams Impersonating Major Companies

Consumers have been defrauded by impersonators of Microsoft, Publishers Clearing House, Amazon, Best Buy, and PayPal. The Federal Trade Commission (FTC) has finalized a new rule on government…

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Justice Department Arrests Suspects in Cryptocurrency Money Laundering Case

Two Chinese nationals funneled $73 million through various shell companies The Department of Justice (DOJ) has unsealed an indictment charging two Chinese nationals of defrauding and laundering at…

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Opioid Producer Fined $1 Billion for Misbranding

DEA administrator says such companies have contributed to the opioid crisis. The Department of Justice announced that Endo Health Solutions, Inc. (EHSI) was ordered to pay $1.09 billion…

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FTC Reaches Final Settlement in Student Loan Debt Relief Scam

The scheme made fraudulent promises of loan forgiveness, for which the agency imposed an industry ban and asset forfeiture. The Federal Trade Commission (FTC) has reached a settlement…

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SEC Fines Two Investment Firms for “AI Washing”

Chair Gensler says advisors should not claim to use AI when they do not. The Securities and Exchange Commission  (SEC) fined two investment companies a combined $400,000 for…

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FTC to Hold Advisory Group Meeting to Prevent Scams Against Seniors

Government and private sector officials will discuss effective scam prevention methods in the meeting. The Federal Trade Commission (FTC) announced an online meeting of the Scams Against Older…

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