FTC-PR-240209-1 (Feb. 9, 2024) As Nationwide Fraud Losses Top $10 Billion in 2023, FTC Steps Up Efforts to Protect the Public – Investment scams lead in reported losses at more than $4.6 billion Newly released Federal Trade Commission data show that consumers reported losing more than $10 billion to fraud in 2023, marking the first time that […]
Category: FTC-2402
Federal Trade Commission
Press Releases and other Announcements
for the Month of February 2024
FTC-PR-240208-1 (Feb. 8, 2024) FTC Sends Refunds to Consumers Harmed by a Tech Support Scam Facilitated by Payment Processor Nexway The Federal Trade Commission is sending more than $610,000 in refunds to consumers who lost money to a tech support scam facilitated by the payment processing company Nexway. Date: Feb. 8, 2024 Accessed: Sep.9, 2024 […]
FTC-PR-240206-2 (Feb. 6, 2024) FTC Action Leads to Permanent Ban for Scammers Who Charged Students Seeking Debt Relief with Junk Fees – Order requires defendants to turn over personal and business assets A group of student loan debt relief scammers will be permanently banned from the debt relief industry and is required to turn over their […]
FTC-PR-240206-1 (Feb. 6, 2024) FTC Submits Comment on March-In Rights to Promote Efforts to Lower Drug Prices – Comment submitted to NIST supports the use of march-in rights as a check on inflated pharmaceutical prices Today the Federal Trade Commission issued a comment (PDF) in response to the National Institute of Standards and Technology’s (NIST) request […]
FTC-PR-240201-1 (Feb. 1, 2024) FTC Order Will Require Blackbaud to Delete Unnecessary Data, Boost Safeguards to Settle Charges its Lax Security Practices Led to Data Breach – FTC says company’s poor security allowed hacker to steal sensitive data of millions of consumers, go undetected for months South Carolina-based Blackbaud Inc. will be required to delete […]