FTC-PR-240117-3 (Jan. 17, 2024) FTC Action Leads to Ban for Ganadores Real Estate and Income Scam, its Owner, and Managers – Proposed court orders would permanently shut down scam, require companies and individuals to turn over millions of dollars in assets for refunds A Federal Trade Commission lawsuit has led to the permanent end to […]
Category: FTC
Federal Trade Commission (FTC) (Contact) (Privacy) (Report Fraud) (Press Releases) (Consumer Alerts) (Federal Register)
The FTC is a federal agency in the United States tasked with promoting consumer protection and preventing anticompetitive business practices. Established in 1914, this agency enforces a variety of laws aimed at ensuring fair competition and protecting consumers from deceptive or unfair business practices. It investigates allegations of fraud, false advertising, and violations of consumer rights, working to maintain a competitive marketplace where businesses operate ethically and consumers are informed and protected. The Federal Trade Commission also provides guidance on consumer protection issues, conducts research into industry practices, and educates the public about their rights under federal law. Through its enforcement actions and policy initiatives, the FTC plays a crucial role in safeguarding consumer interests and promoting economic competition across industries.
FTC-PR-240117-2 (Jan. 17, 2024) FTC Announces Claims Process for Consumers Harmed by Lanier Law Mortgage Relief Scheme The Federal Trade Commission is launching a claims process for consumers harmed by a deceptive mortgage relief operation known as Lanier Law that collected upfront fees of thousands of dollars and promised consumers lower monthly payments but failed […]
FTC-PR-240117-1 (Jan. 17, 2024) FTC Signs on to Multilateral Arrangement to Bolster Cooperation on Privacy and Data Security Enforcement The Federal Trade Commission has agreed to participate in an international multilateral arrangement that will enable the agency to cooperate, provide assistance with investigations and share information with other privacy authorities around the world that participate […]
FTC-PR-240112-1 (Jan. 12, 2024) FTC Announces 2024 Jurisdictional Threshold Updates for Interlocking Directorates The Federal Trade Commission has approved revised jurisdictional thresholds for Section 8 of the Clayton Act, which prohibits interlocking directorates. For 2024, thresholds under Section 8 of the Act that trigger prohibitions on certain interlocking memberships on corporate boards of directors are $48,559,000 for Section 8(a)(l) […]
FTC-PR-240111-2 (Jan. 11, 2024) FTC Publishes Inflation-Adjusted Civil Penalty Amounts for 2024 The Federal Trade Commission has adjusted the maximum civil penalty dollar amounts for violations of 16 provisions of law the FTC enforces, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The Act directs agencies to implement annual […]
FTC-PR-240110-2 (Jan. 10, 2024) FTC Announces Claims Process for Consumers Affected by CafePress’s Data Security Failures The Federal Trade Commission is launching a claims process for consumers who had their Social Security numbers exposed in a data breach involving online merchandise platform CafePress. The claims process stems from a settlement the FTC announced in March 2022 with […]
FTC-PR-240110-1 (Jan. 10, 2024) FTC Extends Deadline for Fortnite Players to Request Refunds for Unwanted Items The Federal Trade Commission has extended the deadline for Fortnite gamers and their parents or guardians to submit a claim for compensation from the agency’s 2023 settlement with Epic Games over allegations that the video game maker used dark patterns and other deceptive practices to […]
FTC-PR-240109-2 (Jan. 9, 2024) FTC Order Prohibits Data Broker X-Mode Social and Outlogic from Selling Sensitive Location Data – FTC charges X-Mode and Outlogic with selling raw location data, failing to obtain informed consumer consent Data broker X-Mode Social and its successor Outlogic will be prohibited from sharing or selling any sensitive location data to […]
FTC-PR-240109-1 (Jan. 9, 2024) FTC Sends More Than $1.2 Million in Refunds to Consumers Harmed by Deceptive Mortgage Loan Modification Scam The Federal Trade Commission is sending more than $1.2 million in refunds to consumers who lost money to Consumer Defense, a deceptive mortgage modification scheme. The FTC is sending payments to 6,261 consumers, […]
FTC-PR-240108-1 (Jan. 8, 2024) FTC Issues Biennial Report to Congress on the National Do Not Call Registry – In FY 2023, the FTC received more than 2.1 million complaints and 2.7 million new numbers were added to the DNC Registry The Federal Trade Commission issued its biennial report to Congress on the National Do Not Call […]