Hall of Shame
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...
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.
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.
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.
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.
African-American or Hispanic, and looking for a car? This dealership charged you more, FTC claims. $1.5 million paid out to victims.
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.
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.
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...
"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.
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.
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.
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...
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...
The FTC will litigate in federal court against GBCL and six other defendants involved in the massive operation, who have not agreed to settle.