FTC-PR-241115-2 (11-15-24) Reports of Unwanted Telemarketing Calls Down More Than 50 Percent Since 2021 – FTC releases annual Do Not Call Registry Data Book showing total reports about unwanted calls decreased further in 2024 Today, the Federal Trade Commission released the National Do Not Call Registry Data Book for Fiscal Year 2024 (PDF 61-pages) which shows that […]
Day: November 15, 2024
FTC-PR-241115-3 (11-15-24) FTC Issues Agency Financial Report for Fiscal Year 2024 The Federal Trade Commission today issued its Fiscal Year 2024 Agency Financial Report which highlights the FTC’s accomplishments in protecting consumers and promoting competition and reaffirms the agency’s commitment to responsible stewardship of resources and sound financial operations. This report, which is required by the Office of […]
FTC-PR-241115-1 (11-15-24) FTC Takes Action Against Bogus Business Finance Scheme Seek Capital For Costing Small Business Owners Millions – FTC says Seek advertises ‘business loans’ but charges companies thousands to open credit cards instead The Federal Trade Commission is taking action against Seek Capital (PDF) and its founder and CEO, Roy Ferman, for operating a bogus […]
CFPB-PR-241115-1 (11-15-24) CFPB Report Details Student Borrower Harms from Servicing Failures and Program Disruptions – Analysis of 18,000 borrower complaints reveals payment processing errors, inaccurate bills and repayment information, and unhelpful customer service Excerpt: WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today released the annual report of the CFPB Student Loan Ombudsman, highlighting the severe difficulties reported […]
CFTC-PR-9008-24 (11-15-24) CFTC Staff Issues an Advisory Related to Clearing of Options on Spot Commodity Exchange Traded Funds Excerpt: WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Division of Clearing and Risk today issued a staff advisory relating to the clearing of options on spot commodity Exchange Traded Funds. These options are on shares of the […]
Financial Exploitation – Article ( Articles ) (Financial Exploitation) Financial Exploitation (F-EXP) Introduction F-EXP is a serious and often hidden crime that affects vulnerable individuals, such as the elderly, disabled persons, those with diminished capacity, and incarcerated consumers. It involves the misuse or theft of an individual’s financial resources and can lead to devastating consequences […]