FTC to Host Workshop Voice Cloning Technologies on Jan. 28

WHAT: The Federal Trade Commission will host a workshop to examine voice cloning technologies. WHEN: Tuesday, January 28, 12:30 p.m.-5:00 p.m. ET. WHERE: Constitution Center400 Seventh St., SWWashington, D.C. 20024 WHO: The event will feature remarks by FTC Commissioner Rohit Chopra as well as industry officials, academics, and others. WEBCAST: The workshop will be webcast. […]

FTC and NY Attorney General Charge Vyera Pharmaceuticals, Martin Shkreli, and Other Defendants with Anticompetitive Scheme to Protect a List-Price Increase of More Than 4,000 Percent for Life-Saving Drug Daraprim

The Federal Trade Commission has filed a complaint in federal court against Vyera Pharmaceuticals, LLC, alleging an elaborate anticompetitive scheme to preserve a monopoly for the life-saving drug, Daraprim. Daraprim is the gold standard treatment for a rare, potentially fatal parasitic infection known as toxoplasmosis. In most people, toxoplasmosis is easily contained by the immune […]

New FTC Data Shows that the FTC Received Nearly 1.7 Million Fraud Reports, and FTC Lawsuits Returned $232 Million to Consumers in 2019

New data released by the Federal Trade Commission shows that FTC actions led to more than $232 million in refunds to consumers across the country in 2019. A core part of the FTC’s mission is to return money to consumers who are harmed by illegal business practices. Over the last four years, consumers have cashed […]

FTC Seeks Public Comment on Par Petroleum Corp.’s Application to Modify Agreement to Store Petroleum Products at Barbers Point Terminal in Hawaii

The Federal Trade Commission is currently accepting public comments on an application by Par Petroleum Corp. to modify the Amended Honolulu Terminal Agreement. Prior approval of the modification to the agreement is required under the FTC’s May 15, 2015 final order settling charges that Par’s $107 million acquisition of Koko’oha Investments, Inc.’s wholly-owned subsidiary Mid Pac […]

Advertising Practices Associate Director Mary K. Engle Leaving the FTC

Federal Trade Commission Chairman Joseph J. Simons announced today that Mary K. Engle, currently the Associate Director of the Division of Advertising Practices, will be retiring from the Commission at the end of this month, after 30 years of service to the Commission and consumers. “Consumers nationwide have benefited greatly from many important law enforcement […]

Overseas Payment Processor and its Former CEO Settle FTC Allegations That They Enabled a Deceptive “Free Trial” Offer Scheme

A Latvian payment processor and its former CEO have agreed to settle the Federal Trade Commission’s complaint against them. The complaint alleges that they engaged in unlawful conduct that enabled a deceptive “free trial” offer scheme by U.S.-based defendants.  “Transact Pro helped scammers drain people’s accounts without their permission,” said Andrew Smith, Director of the […]

Defendants in FTC Credit Repair Scheme Case Agree to Settle Charges

The operators of a bogus credit repair scheme are banned from the credit repair business and subject to a wide array of other requirements under settlement terms with the Federal Trade Commission. The settlements relate to an FTC complaint filed in June 2019 alleging that the defendants targeted consumers with false promises of substantially improving […]

FTC Finalizes Settlements with Five Companies Related to Privacy Shield Allegations

The Federal Trade Commission has finalized settlements with five companies over allegations they falsely claimed certification under the EU-U.S. Privacy Shield framework, which enables companies to transfer consumer data legally from European Union countries to the United States. In separate actions, the FTC alleged that DCR Workforce, Inc., Thru, Inc., LotaData, Inc., and 214 Technologies, […]

FTC Releases Agenda for January 28 Voice Cloning Workshop

The Federal Trade Commission has released the final agenda for a January 28, 2020 FTC workshop that will examine voice cloning technologies, which enable users to make near-perfect reproductions of a real person’s voice. “You Don’t Say: An FTC Workshop on Voice Cloning Technologies” will examine the benefits and potential misuses of voice cloning technologies and […]

FTC Acts to Shut Down ‘Success by Health’ Instant Coffee Pyramid Scheme

A federal court granted the Federal Trade Commission’s request to temporarily shut down an alleged pyramid scheme known as “Success By Health,” and to freeze the assets of the company and its executives. In a complaint filed in federal court, the FTC alleges that Success By Health and its executives James “Jay” Dwight Noland, Jr., […]