Finance

FTC, California DFPI Case Leads to Ban Against Operators of Mortgage Relief Scam Home Matters USA

A federal court has issued an order banning the operators of the Home Matters USA mortgage relief scam from the telemarketing and debt relief...

FTC Proposes New Protections to Combat AI Impersonation of Individuals

The Federal Trade Commission is seeking public comment on a supplemental notice of proposed rulemaking that would prohibit the impersonation of individuals. The proposed...

FTC Order Will Ban California-based Company from COVID-19 Advertising Claims

The Federal Trade Commission today announced a proposed settlement that would ban California-based Precision Patient Outcomes, Inc. (PPO) and the company’s CEO Margrett Priest...

Court Enters $20.3 Million Judgment in FTC Case Against Merchant Cash Advance Operator Jonathan Braun for Deceiving Small Businesses and Unlawfully Seizing Assets

As a result of a Federal Trade Commission lawsuit, a federal court has entered a judgment requiring merchant cash advance operator Jonathan Braun to...

FTC to Host Virtual Workshop on Private Equity in Health Care

The Federal Trade Commission will host a virtual workshop, Private Capital, Public Impact: An FTC Workshop on Private Equity in Health Care, on March...

FTC, HHS Seek Public Comment on Generic Drug Shortages and Competition Amongst Powerful Middlemen

Today the Federal Trade Commission (FTC) and the U.S. Department of Health and Human Services (HHS) jointly issued a Request for Information to understand...

FTC Obtains $195 Million Judgment, Permanent Ban on Telemarketing and Selling Healthcare Products Against Simple Health Over Charges It Sold Sham Health Insurance

The Federal Trade Commission has obtained a $195 million judgment against Simple Health Plans LLC and its CEO Steven J. Dorfman over charges they...

As Nationwide Fraud Losses Top $10 Billion in 2023, FTC Steps Up Efforts to Protect the Public

Newly released Federal Trade Commission data show that consumers reported losing more than $10 billion to fraud in 2023, marking the first time that...

FTC Sends Refunds to Consumers Harmed by a Tech Support Scam Facilitated by Payment Processor Nexway

The Federal Trade Commission is sending more than $610,000 in refunds to consumers who lost money to a tech support scam facilitated by the...

FTC Issues Notice Regarding Consumer Reviews and Testimonials Informal Hearing

On January 16, 2024, the Federal Trade Commission published a notice in the Federal Register containing the initial and final notice of an informal...

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