Finance

FTC Acts to Stop Real Estate and Online Commerce Coaching Scheme ‘Ganadores’ Targeting Spanish-Speaking Consumers With Brazen Money-Making Pitches

In response to an action filed by the Federal Trade Commission, a federal court has entered a temporary restraining order against the operators of a Florida-based...

FTC Sends More than $3.3 Million to Consumers Harmed by Student Loan Debt Relief Scam

The Federal Trade Commission is sending payments totaling more than $3.3 million to consumers who were harmed by Arete Financial Group, a student loan...

FTC Policy Director Issues Statement Commending Maine’s Repeal of Certificate of Public Advantage Law

The Federal Trade Commission has learned that the state of Maine recently enacted legislation repealing the state’s Hospital and Health Care Provider Cooperation Act,...

FTC Further Expands Inquiry Into Prescription Drug Middlemen Industry Practices

As part of its ongoing study on pharmacy benefit managers (PBMs) and their impact on the accessibility and affordability of prescription drugs, the Federal...

New FTC Data Analysis Shows Bank Impersonation is Most-Reported Text Message Scam

A new analysis from the Federal Trade Commission shows that bogus bank fraud warnings were the most common form of text message scam reported...

FTC Staff Provides Annual Report to CFPB On 2022 Activities Regarding Financial Acts

The staff of the Federal Trade Commission has provided its annual report to the Consumer Financial Protection Bureau on its enforcement and related activities...

Commission Seeks Public Comment on Collaboration with State Attorneys General

The Federal Trade Commission is seeking public comments and suggestions on ways it can work more effectively with state attorneys general nationwide to help educate...

CFPB Issue Spotlight Analyzes “Artificial Intelligence” Chatbots in Banking

WASHINGTON, D.C. – The Consumer Financial Protection Bureau...

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