The Federal Trade Commission is alerting consumers who lost money to scammers who told them to pay via Western Union’s money transfer system between January 1, 2004 and January 19, 2017, that they can now file a claim to get their money back by going to FTC.gov/WU before February 12, 2018. “American consumers lost money […]
Monthly Archives: November 2017
Statement of Acting FTC Chairman Maureen K. Ohlhausen Commemorating Veterans Day 2017
Acting Federal Trade Commission Chairman Maureen K. Ohlhausen issued the following statement commemorating Veterans Day 2017: “Veterans Day is an opportunity for all Americans to thank those who served, or are serving, and to appreciate the many sacrifices that servicemembers have made for us. In turn, it is our duty to support and protect those […]
Proposed Revisions to the Consolidated Reports of Condition and Income (Call Report) for June 2018
FIL-58-2017 November 9, 2017 Proposed Revisions to the Consolidated Reports of Condition and Income (Call Report) for June 2018 Printable Format: FIL-58-2017 – PDF (PDF Help) Summary: In their continuing effort to reduce data reporting and other burdens for small and large institutions, the federal banking agencies, as members of the Federal Financial Institutions Examination […]
FTC Charges Office Supply Scheme with Bilking Millions of Dollars from Small Businesses for ‘Free’ Samples of Cleaning Products
The Commission vote approving the complaint was 2-0. The U.S. District Court for the Northern District of Illinois, Eastern Division, entered a temporary restraining order against the defendants on November 1, 2017. The FTC would like to thank the Office of the Illinois Attorney General, the Office of the Kansas Attorney General, and the Better Business […]
FTC Charges Debt Collection Business Defrauded Consumers into Paying Debts They Did Not Owe
The Federal Trade Commission charged a Georgia-based debt collection business with tricking people into paying money for debts they did not owe. A federal court temporarily halted the scheme and froze its assets at the FTC’s request. According to the FTC’s complaint, the business is “founded on false claims that consumers have committed a crime and […]
FTC Gives Final Approval to Settlement with Online Tax Preparation Service
Following a public comment period, the Federal Trade Commission has approved a final order with the operator of a Georgia-based online tax preparation service settling allegations that it violated federal rules on financial privacy and security. The Commission alleged in the complaint against TaxSlayer, LLC that malicious hackers were able to gain full access to […]
FTC Seeks Public Comment on Sears Holdings Management Corporation Petition to Reopen and Modify Commission Order Concerning Online Browsing Tracking
The Federal Trade Commission is seeking public comment on a petition by Sears Holding Management requesting that the FTC reopen and modify a 2009 FTC order settling charges that Sears failed to disclose adequately the scope of consumers’ personal information it collected via a downloadable software app. Specifically, the petition states that as a result […]
Solar Panel Lead Generation Robocallers Who Pitched Energy Savings Settle FTC Charges
Two brothers and the companies they ran have settled a federal district court complaint brought by the Federal Trade Commission and litigated by the Department of Justice, that charged them with running a telemarketing operation that made millions of illegal robocalls promising consumers energy savings in order to generate leads to sell to solar panel […]
FTC Staff Opinion: Crouse Health Hospital’s Proposed Rx Program Is Exempt from Robinson-Patman Act
The staff of the Federal Trade Commission has issued an opinion advising Crouse Health Hospital that an exemption under the Non-Profit Institutions Act, or NPIA, applied to its proposal to sell discounted pharmaceutical products to the employees and retirees, as well as their dependents, of its affiliated medical practice. The NPIA provides an exemption for […]
FTC to Hold Workshop on Examining Competition Issues Related to Prescription Drug Markets
WHAT: The Federal Trade Commission will host a workshop, “Understanding Competition in Prescription Drug Markets: Entry and Supply Chain Dynamics”. Acting FTC Chairman Maureen K. Ohlhausen and U.S. Food and Drug Commissioner Dr. Scott Gottlieb will give the keynote addresses. WHEN: Wednesday, Nov. 8, 8:30 a.m.-4:30 p.m. EST WHERE: Constitution Center400 7th St., SWWashington, DC […]