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 […]
Category: FTC-PR-2411
FTC-PR-2411 – Press Releases for November, 2024 (PR)
FTC-PR-241112-1 (11-12-24) FTC Action Stops H&R Block’s Unfair Downgrading Practices and Deceptive Promises of ‘Free’ Filing – Proposed settlement would require company to pay $7 million for consumer redress and make changes for consumers in tax filing seasons 2025 and 2026 A Federal Trade Commission lawsuit is leading to changes for consumers who use H&R […]
FTC-PR-241106-2 (11-06-24) FTC Order Against AI-Enabled Review Platform Sitejabber Will Ensure Consumers Get Truthful and Accurate Reviews – Sitejabber allegedly misrepresented ratings and reviews submitted by consumers who had not yet received products or services The Federal Trade Commission today charged that Sitejabber, a company offering an AI-enabled consumer review platform, deceived consumers by misrepresenting […]
FTC-PR-241106-1 (11-06-24) (FTC) Issues Order Approving 2025 Budget for Horseracing Integrity and Safety Authority The Federal Trade Commission has issued an order (PDF) approving the Horseracing Integrity and Safety Authority’s 2025 budget as submitted to the Commission. Under the FTC’s rule addressing oversight of the Authority’s budget process, the Authority must submit its proposed annual budget to the FTC for […]
FTC-PR-241105-1 (11-05-24) FTC Takes Action Against Online Cash Advance App Dave for Deceiving Consumers, Charging Undisclosed Fees – Federal court complaint charges that company rarely provides advertised advance amounts, charges ‘tip’ fee to consumers without their knowledge The Federal Trade Commission is taking action against online cash advance app Dave (PDF) for allegedly using misleading marketing to […]
FTC-PR-241104-2 (11-04-24) FTC Takes Action Against Phantom Debt Collector That Collected Millions In Bogus Debt From Consumers – Federal court temporarily halts operations while lawsuit proceeds The Federal Trade Commission is taking action against a Georgia-based debt collector that tricked consumers into paying more than $7.6 million in bogus debt by threatening them with jail time, […]
FTC-PR-241104-1 (11-04-24) FTC Sends More Than $17 Million to Consumers Harmed by Brigit’s Deceptive Claims, Junk Fees, and Confusing Cancellation Process The Federal Trade Commission is sending more than $17 million in refunds to consumers harmed by online cash advance provider Brigit, which the agency says deceived consumers with false promises of “instant” cash advances […]