FTC

FTC: Active Duty Troops 76 Pct More Likely To Report Identity Theft
FTC: Active Duty Troops 76 Pct More Likely To Report Identity Theft
May 21, 2020  |  Security & Fraud

Active-duty service members are 76 percent more likely to report identity theft than most people, according to data from the Federal Trade Commission (FTC). The...

READ MORE >
First Data And Exec To Pay $40M To Settle FTC Fraud Case
First Data And Exec To Pay $40M To Settle FTC Fraud Case
May 19, 2020  |  Legal

Payments processing giant First Data Merchant Services and one of its executives will pay $40.3 million to settle allegations that they laundered credit card transactions...

READ MORE >
Roundtable: Should Tech M&A Be Locked Down During The Pandemic?
Roundtable: Should Tech M&A Be Locked Down During The Pandemic?
May 19, 2020  |  Commentary

The pandemic has forced many aspects of everyday life — for consumers, yes, but businesses too — to pause. Last month, the chairman of the...

READ MORE >
FTC Refunds $12M To Consumer Victims Of Bogus Online Trial Memberships
FTC Refunds $12M To Consumer Victims Of Bogus Online Trial Memberships
May 18, 2020  |  Security & Fraud

More than 147,000 consumers who were scammed by I Works are getting full refunds totaling $12 million, the Federal Trade Commission (FTC) announced Monday (May...

READ MORE >
FTC To Probe What User Info Zoom Collects
FTC To Probe What User Info Zoom Collects
May 12, 2020  |  Safety and Security

The Federal Trade Commission may be looking into privacy concerns surrounding online video call software Zoom, Chairman Joseph Simons revealed. Zoom has seen massive increases...

READ MORE >
Bitcoin Daily: FTC Warns Of Email Scams Demanding Bitcoin; Lawmakers Urge Treasury To Use DLT To Track Relief Programs
Bitcoin Daily: FTC Warns Of Email Scams Demanding Bitcoin; Lawmakers Urge Treasury To Use DLT...
April 30, 2020  |  Bitcoin

Bitcoin blackmail scams are on the rise, according to the Federal Trade Commission (FTC). The scams are usually centered around emails claiming to have recorded...

READ MORE >
House Antitrust Leader Calls For A Temporary Ban On Mergers
House Antitrust Leader Calls For A Temporary Ban On Mergers
April 23, 2020  |  Coronavirus

House Antitrust Subcommittee Chairman David Cicilline called for a ban on mergers Thursday (April 23) until the COVID-19 pandemic ends, CNBC reported. “As millions of businesses...

READ MORE >
Progressive Leasing To Pay $175M FTC Fine Over Rent-To-Own Pricing
Progressive Leasing To Pay $175M FTC Fine Over Rent-To-Own Pricing
April 20, 2020  |  Regulation

Progressive Leasing will pay $175 million to settle charges with the Federal Trade Commission (FTC) that its policies were misleading to customers, according to an...

READ MORE >
FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error
FTC Files Case Against RI Firm Allegedly Posing As SBA Lender; Company Claims Error
April 17, 2020  |  Legal

A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP)....

READ MORE >