As a Result of FTC Action, Two Defendants in Abusive Debt Collection Case Are Banned from the Industry, Will Surrender Assets

Two men who worked for an allegedly abusive and deceptive debt collection operation will be banned from the business as part of settlements reached with the Federal Trade Commission.  The settlement orders against the two employees of the debt collection firm doing business as Rumson, Bolling & Associates are part of the FTC’s efforts against […]

FTC Takes Action To Stop Deceptive Car Dealership Ads

Five car dealers around the country have agreed to Federal Trade Commission settlement orders that require them to stop running ads in which they promise to pay off a consumer’s trade-in no matter what the consumer owes on the vehicle. The FTC charged that the ads, which ran on the dealers’ websites and on sites […]

FTC Action Leads to Court Order Shutting Down Pyramid ScamThousands of Consumers Burned by BurnLounge

At the request of the Federal Trade Commission, a U.S. district court judge has ordered the operators and top promoters of a deceptive pyramid scheme to pay a total of $17 million to refund consumers who were burned by the scam. The court order permanently halts marketing methods used by the operation known as BurnLounge, […]

FTC Issues Report on the Experiences of Victims Recovering from Identity Theft

The Federal Trade Commission issued a staff report summarizing the results of a survey of identity theft victims who were asked to describe their experiences dealing with consumer reporting agencies and, more generally, exercising their rights under the Fair Credit Reporting Act (FCRA) as amended by the Fair and Accurate Credit Transactions Act (FACTA), to […]

FTC Commissioners Send Letter to Leaders of the House Transportation Committee Expressing Concerns with Resolution Directing GSA Administrator to Prepare Plan for Costly Relocation Out of Historic FTC Headquarters Building

The four sitting bipartisan Commissioners of the Federal Trade Commission sent the following letter to the leaders of the House Transportation and Infrastructure Committee expressing concerns with a resolution directing the GSA Administrator to prepare a plan for relocating the agency out of its historic headquarters building. The Honorable John L. MicaChairmanCommittee on Transportation and […]

FTC Stops Scheme That Falsely Promised Federal Jobs

The Federal Trade Commission and the State of Arizona halted an operation that took consumers’ money by allegedly holding out false claims that it could help them get a job with the federal government. A settlement, reached as part of the FTC’s ongoing efforts to protect consumers in financial distress, permanently bans the defendants from […]

FTC Charges That Payday Lender Illegally Sued Debt-Burdened Consumersin South Dakota Tribal Court Without Jurisdiction

The Federal Trade Commission expanded its case against an allegedly deceptive payday lender, charging that it sought to unfairly and deceptively manipulate the legal system and force debt-burdened consumers throughout the country to travel to South Dakota and appear before a tribal court that did not have jurisdiction over their cases. In an amended complaint, […]

FTC Action Preserves Competition in the Market for Desktop Hard Disk DrivesUsed in Personal Computers

The Federal Trade Commission will require Western Digital Corporation to sell assets used to manufacture and sell desktop hard disk drives to Toshiba Corporation as part of a proposed settlement that resolves charges that Western Digital’s proposed acquisition of rival Hitachi Global Storage Technologies Ltd. would likely have harmed competition in the market for desktop […]

FTC Testimony Outlines Agency’s Work to Protect Consumers, Promote Competition

In testimony before the U.S. House Appropriations Subcommittee on Financial Services and General Government, the Federal Trade Commission summarized the agency’s FY 2013 budget request and described its ongoing work to promote competition and protect American consumers. The testimony, delivered by FTC Chairman Jon Leibowitz and Commissioner J. Thomas Rosch, outlined steps the agency has […]

National Consumer Protection Week 2012 Kicks Off Sunday, March 4

The Federal Trade Commission and more than 30 other federal agencies, consumer groups and national advocacy organizations, in conjunction with state, county, and local government agencies, are participating in National Consumer Protection Week, March 4-10, 2012. National Consumer Protection Week is a coordinated campaign to focus attention on the importance of consumer information and provide […]