The operators of an invention promotion business, which a judge called “one grand con game to take money away from consumers,” have been ordered to pay $60 million for violating a 1998 court order. “By changing the name of their company, these individuals thought they could continue to make false promises and take inventors’ money, […]
Monthly Archives: September 2007
Commission Approves Issuance of Federal Register Notice Announcing Review of Mail Order Rule
Commission approval of Federal Register notice: The Commission has approved the issuance of a Federal Register notice announcing the start of its decennial review of the FTC’s Mail or Telephone Order Merchandise Rule, 16 CFR Part 435 (Mail Order Rule). As detailed in the notice, the Commission is seeking comment on whether to retain the […]
Telemarketers Pay $505,000 & Forfeit $1,030,000 in Uncashed Checks and Unpaid Invoices
Canadian telemarketers will pay $505,000 to settle Federal Trade Commission charges that they scammed United States businesses into paying for business directories and listings that had never been ordered. In addition, the FTC will return checks worth about $470,000 that were sent to the telemarketers and seized as part of the law enforcement action. Also, […]