Willoughby Farr, the owner of three companies that billed more than $30 million in bogus collect call charges to millions of consumers throughout the country, has been banned from all billing on local telephone bills. Farr agreed to the lifetime ban as part of a federal court order settling Federal Trade Commission charges that he […]
Monthly Archives: March 2008
Student Lender Settles FTC Charges That It Failed to Safeguard Sensitive Consumer Information and Misrepresented Its Security Practices
A student loan company has agreed to settle Federal Trade Commission charges that it failed to provide reasonable and appropriate security for consumers’ sensitive personal information in violation of federal law. The proposed settlement will require the company to implement a comprehensive information-security program and obtain audits by an independent third-party security professional every other […]
Commission Approves Federal Register Notice Announcing Regulatory Reviews Scheduled for 2008; FTC Issues Federal Register Notice Regarding Labeling Requirements for Biodiesel Fuels
The Federal Trade Commission has approved the publication of a Federal Register notice announcing the rules and guide that it will review in 2008 under its routine regulatory review process. As detailed in the notice, which will be published soon and is available now on the FTC’s Web site and as a link to this […]
Adult Website Operation Settles FTC Charges Unwitting Consumers Exposed to X-Rated Spam
An X-rated Web operation that paid affiliates who used illegal e-mail to drive customers to its Web sites will pay a $413,000 civil penalty under a settlement reached with the FTC and the Department of Justice. The settlement also bars the illegal marketing practices in the future and requires the operator to monitor its affiliates […]
National Consumer Protection Week Focuses Efforts on Promoting Financial Education
The Federal Trade Commission has launched the 10th annual National Consumer Protection Week, March 2 – 8, 2008, in collaboration with federal, state, and local agencies and national consumer advocacy organizations committed to consumer protection and education. This year’s theme, “Financial Literacy: A Sound Investment,” encourages consumers to take steps to increase their financial know-how […]
Work-At-Home BizOpp Marketers Settle FTC Charges
A group of business opportunity marketers who told consumers they could make substantial income processing medical claims from home have agreed to settle Federal Trade Commission charges that they misled consumers in violation of federal law. The settlement is a result of Project Fal$e Hope$, an FTC-led effort that targeted bogus business opportunities and work-at-home […]