The Federal Trade Commission and the Department of Justice are sending more than $9 million in refunds to consumers who lost money to Ameritech Financial, a student loan debt relief scheme operated by Brandon Frere, who was convicted of criminal charges in connection with the scheme. The FTC is sending payments to 22,562 consumers. Most …
Ameritech Forced to Pay 9 Million For Student Loan Debt Relief Scheme Read More »
Today, the Consumer Financial Protection Bureau (CFPB) ordered Bank of America to pay more than $100 million to customers for systematically double-dipping on fees imposed on customers with insufficient funds in their account, withholding reward bonuses explicitly promised to credit card customers, and misappropriating sensitive personal information to open accounts without customer knowledge or authorization. …
As a result of a Federal Trade Commission lawsuit, Publishers Clearing House (PCH) has agreed to a proposed court order that will require it to pay $18.5 million to consumers who spent money and wasted their time, and make substantial changes to how it conducts business online. In a complaint against PCH, the FTC charges that the company …
Publishers Clearing House to Pay 18 Million Settlement for Misleading Consumers Read More »
The Federal Trade Commission is sending payments totaling more than $557,000 to consumers who paid money to GDP Network, LLC (YF Solution), a Florida-based telemarketing company that promised credit card interest rate reductions and regularly failed to deliver. The FTC is sending checks to 611 consumers. Recipients should cash their checks within 90 days as …
$557,000 Returned to Consumers Harmed by Credit Card Interest Rate Reduction Scam Read More »
As a result of a lawsuit filed by the Federal Trade Commission and the Utah Division of Consumer Protection (DCP), the principals of a Utah-based real estate investment training company will pay $15 million and be banned from selling money-making opportunities under a court order they have agreed to. In addition, two of the primary real …
Most of the time, if you send money to a scammer with a wire transfer, you don’t get money back. But if you paid a scammer through MoneyGram and filed a refund claim with Gilardi & Co., watch your mailbox. Refund checks worth over $115 million are on the way to almost 39,000 people whose …
$115 million goes to MoneyGram users who paid scammers Read More »
The Federal Trade Commission is sending payments totaling more than $973,000 to 17,064 people who lost money after NutraClick LLC automatically enrolled them in unwanted membership programs for supplements and beauty products and misled consumers about when they had to cancel trial memberships to avoid monthly charges. The FTC will begin sending payments today by …
The FTC has launched a new process for returning money to former AT&T customers as part of a $60 million settlement with the company. So far, $52 million has been refunded. If you were an AT&T customer with an unlimited data plan between October 2011 and June 2015 and haven’t received a check from AT&T, …
AT&T Forced to Pay 60 Million for Improper Data Throttling Read More »
Search online for “trading” or “investments” and you’ll be bombarded with offers, often from self-proclaimed experts, guaranteeing you’ll make big money fast. But no one can truthfully make those kinds of guarantees. That includes WealthPress, a company the FTC says violated the law by making false earnings claims to convince people to buy its financial trading services. …
WealthPress Has to Pay 1.7 Million for Fraudulent Investment Advice Read More »
The Federal Trade Commission (FTC) is distributing payments of over $2.9 million to 20,402 individuals who were misled by Warrior Trading’s investment programs. Warrior Trading made false and unrealistic claims to sell a day trading system that did not deliver results for most customers. The FTC will send the payments via check and PayPal, and …
2.9 Million Returned to Consumers Harmed by the Warrior Trading Investment Program Read More »
