The Federal Trade Commission has launched its Web site and blog for National Consumer Protection Week 2010, which will be held March 7-13. Consumer.gov/ncpw, encourages people to learn about their rights as consumers, and promotes free resources to help them protect their privacy, manage money and debt, avoid identity theft, understand credit and mortgages, and […]
Monthly Archives: December 2009
FTC Issues Staff Report on Agency’s Fraud Forum
The Federal Trade Commission today issued a Fraud Forum staff report that examines more effective ways to protect consumers from fraudulent schemes and focus the collective knowledge and experience of forum participants to fight fraud. The February 2009 Forum was attended by academics, consumer advocates, industry representatives, and state and federal law enforcers. The Fraud […]
Commission Upholds Judges Ruling Against Marketers of Bogus Cancer Cures
The Federal Trade Commission today upheld charges against Daniel Chapter One, an herbal products company, and its officer for making deceptive claims that shark cartilage and certain other herbal formulations prevent, treat, and cure cancer, and lessen the effects of chemotherapy and radiation. The Commission’s opinion and order prohibit Daniel Chapter One and James Feijo […]
FTC Staff: Proposed Modifications to Louisianas Administrative Rules on Portable and Mobile Dentistry Would Deny Many of States Children Access to Dental Care; FTC Files Comment with Federal Energy Regulatory Commission on Plan to Help Consumers Manage
FTC Staff: Proposed Modifications to Louisiana’s Administrative Rules on Portable and Mobile Dentistry Would Deny Many of State’s Children Access to Dental Care The staff of the Federal Trade Commission’s Office of Policy Planning, Bureau of Economics, and Bureau of Competition has sent a comment to the Louisiana State Board of Dentistry urging the board […]
Bureau of Competition Director Issues Statement on FTCs Closure of its Investigation of Consummated Hospital Merger in Temple, Texas
Richard Feinstein, Director of the Federal Trade Commission’s Bureau of Competition, has issued a statement on the agency’s decision to close its investigation into a consummated hospital merger in Temple, Texas. The Bureau is issuing this statement in the interest of transparency, to explain the unique circumstances of this case, and to commend staff and […]
FTC Announces Lower Price Cap for Extra Credit Report Copies; FTC Continues Crackdown on Mortgage Relief Scams; Three More Defendants Added to Operation Stolen Hope
FTC Announces Lower Price Cap for Extra Credit Report Copies The Federal Trade Commission has announced that it is lowering from $11 to $10.50 the maximum amount that consumer reporting agencies are allowed to charge consumers for an extra copy of their credit report. The Commission announced the reduction in the amount from 2009 to […]
FTC Order Prevents Anticompetitive Effects from Agriums Acquisition of CF Industries
Agricultural products supplier Agrium Inc. has agreed to sell a range of assets as part of an agreement with the Federal Trade Commission that will allow the company to move forward with its acquisition of competitor CF Industries Holdings, Inc. The proposed consent order settles charges that the acquisition would have eliminated competition in the […]
Court Jails Promoter of Work-At-Home Scam; Envelope-Stuffing Scheme Deceived Spanish-Speaking Consumers
A federal court has jailed the marketer of a deceptive envelope-stuffing scheme for ignoring a court order that required him to stop his illegal practices. The defendant targeted Spanish-speaking consumers throughout the United States and Puerto Rico, deceiving them to think they could earn substantial income working at home stuffing envelopes in exchange for a […]
Agencies Issue Final Rules on Risk-Based Pricing Notices
Washington — The Federal Reserve Board and the Federal Trade Commission today announced final rules that generally require a creditor to provide a consumer with a notice when, based on the consumer’s credit report, the creditor provides credit to the consumer on less favorable terms than it provides to other consumers. Consumers who receive this […]
FTC Seeks Scam Marketer’s Assets in Bankruptcy Court to Repay Money Owed to Consumers
The Federal Trade Commission has filed a complaint in bankruptcy court seeking assets from the operator of a defunct money-making scam, so that those assets can be used to help pay more than $17 million that he owes consumers as a result of a court judgment against him. The $17 million judgment the Commission is […]