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Operation Corrupt Collector targets debt collectors trying to collect on non-existent debts, using illegal scare tactics The Federal Trade Commission, along with more than 50 federal and state law enforcement partners, today announced a nationwide law enforcement and outreach initiative to protect consumers from phantom debt collection and abusive and threatening debt collection practices. This crackdown encompasses more than 50 enforcement actions against debt collectors engaged in these illeg…
Yesterday · From FTC - Consumer Protection
The Federal Trade Commission, in conjunction with federal and state partners will announce a major law enforcement sweep on a teleconference at 11 a.m. ET on Tuesday, Sept. 29, 2020. FTC Bureau of Consumer Protection Director Andrew Smith and New York Attorney General Letitia James will give remarks and answer questions from the media.WHAT:A phone-in press conference to announce a major law enforcement sweep by the FTC and federal and state partners.WHO:FTC Bureau of Consumer Protection Director…
2 days ago · From FTC - Consumer Protection
A Rhode Island company and its owner will be permanently prohibited from misrepresenting they are affiliated with the U.S. Small Business Administration (SBA) as part of a settlement resolving Federal Trade Commission charges they misled consumers in the early days of the coronavirus pandemic.Ponte Investments, LLC, and its owner John C. Ponte were charged by the FTC in April with misleading small businesses to think they had an affiliation with the SBA and could offer companies access to the co…
5 days ago · From FTC - Consumer Protection
The Federal Trade Commission is sending 4,782 checks totaling $76,368.54 to consumers who bought Isoprex, a supposed miracle pain supplement marketed to older Americans nationwide. According to the FTCs April 2020 complaint, Renaissance Health Publishing, LLC and its owner, James DiGeorgia, advertised and sold Isoprex using both direct mail brochures and websites. Isoprex is a pill consisting primarily of a combination of various herbs and spices, which the defendants claimed could provide eff…
6 days ago · From FTC - Consumer Protection
The Federal Trade Commission has added new charges and defendants to its ongoing case against the operators of multiple alleged pyramid schemes.In a case first filed in January, the FTC alleged that Success By Health and its executives James Jay Dwight Noland, Jr., Lina Noland, Scott A. Harris, and Thomas G. Sacca were operating an instant coffee pyramid scheme that used false promises of wealth and income to entice thousands of consumers to join.The amended complaint alleges that the defendants…
6 days ago · From FTC - Consumer Protection