Hall of Shame
Robinhood Robbing the Poor, Sorta...
FINRA (the Financial Industry Regulatory Authority) announced that it has fined Robinhood Financial LLC $57 million and ordered the firm to pay approximately $12.6 million...
$40 Million Penalty for Helping Scammers Scam People Like You
One of the biggest payment processing companies and its former executive will pay more than $40.2 million to settle Federal Trade Commission charges they knowingly processed payments and laundered, or assisted laundering of, credit card transactions for scams that targeted hundreds of thousands of consumers.
Huge Hall of Shame Victory!!!
President Biden should immediately sign the resolution, rescinding the rule allowing triple-digit Interest rate loans across the country
Bogus Money-Making Scheme Defrauded Millions
The Federal Trade Commission is sending full refunds-totaling more than $12 million-to individuals who lost money to a company called I Works.
Student Debt Relief Scammer Fined Big. Watch Out for Others Like This One...
The Federal Trade Commission is sending more than $1.7 million to people who lost money to a debt relief scheme that targeted individuals trying to pay down their student loan debt.
Are You Getting a Refund Check?
The FTC is sending 8.5 million bucks to folks defrauded by scammy dietary supplement sellers.
"Made in USA" Scammer Slammed Big Bucks for Lousy Lie
Many of the customizable promotional products sold by Texas-based Gennex as made in USA were in fact made in China, FTC alleges.
What Spreads Faster Than the Virus?
The growth in the number of disgusting companies willing to risk your health and steal with phony virus claims and cures.
Bayside Car Dealership Ordered to Pay Restitution after Allegedly Scamming Customers
A Bayside car dealership that allegedly engaged in deceptive businesses practices targeting Chinese-speaking customers has been ordered by a Queens judge to pay restitution to at least 21 people.
"Rent-to-Own" Company Slammed for Scam
Progressive Leasing, a company that markets rent-to-own payment plans in tens of thousands of retail stores nationwide, will pay $175 million to settle Federal Trade Commission charges it misled consumers about the true price of items purchased through its plans.
FTC Sends Nearly $1.5 Million to Victims of Bronx Honda's Illegal Financing and Sales Practices
African-American or Hispanic, and looking for a car? This dealership charged you more, FTC claims. $1.5 million paid out to victims.
Scammy Company Pays Big for Helping Other Scammy Companies Scam People Like You
Canadian company, RevenueWire, and its CEO, Roberta Leach, will pay $6.75 million to settle Federal Trade Commission charges they laundered credit card payments for, and assisted and facilitated, two tech support scams previously sued by the FTC.
Credit Repair Scams Are Exploding—FTC Hits Another Company with Fines
The Federal Trade Commission is sending refunds totaling nearly $150,000 to individuals who lost money to a company called Grand Teton Professionals, which operated a bogus credit-repair scheme.
Student Debt Relief Scheme Banned from Selling and Telemarketing. And Ordered to Pay Back Millions
Three defendants in a student loan debt relief scheme have been banned from telemarketing and selling debt relief, and ordered to pay millions in resolution of Federal Trade Commission allegations...
NutraClick Pays a Million for Tricking Consumers - Again
"Hiding the true deadline for cancelling a free trial offer isn't just bad business – it's illegal," said Andrew Smith, Director of the FTC's Bureau of Consumer Protection.
"Piggybacking" Credit Repair Company Deceived Consumers
A Colorado-based credit repair company and its owner have agreed to settle Federal Trade Commission charges they misled consumers with promises to "drastically and immediately" improve credit scores and increase access to lower rates on mortgages.
A Miracle!!! No, Wait... a Con!
The Federal Trade Commission is sending 4,782 checks totaling $76,368.54 to consumers who bought Isoprex.
Office Depot Caught Tricking Customers. They're Fined $34 Million.
The Federal Trade Commission is sending refund checks totaling more than $34 million to consumers who allegedly were tricked by Office Depot, Inc. and a software provider into buying computer repair products and services.
9 Billion Paid by Volkswagen to Owners Hoodwinked by "Clean Diesel" Ads!
In a final summary filed in federal court today, the Federal Trade Commission reported that Volkswagen and Porsche repaid a total of more than $9.5 billion since 2016 to car...
Can a Big Bank Be Bad? Very Bad?
Well, Wells Fargo was pretty bad. They’re paying three billion dollars for fraudulent activity.
FTC: If You're Cash-Strapped, You're Target for Sleazy Robocalls
The operators of a Florida-based company that allegedly defrauded financially-distressed and often older-adult consumers with deceptive robocalls claiming they could save them...
Robocalls: Millions from Just One Telemarketers! But Gets Nailed by the FTC
The FTC will litigate in federal court against GBCL and six other defendants involved in the massive operation, who have not agreed to settle.
