Refunds target misleading credit offers promising high odds of approval. The Federal Trade Commission (FTC) is distributing more than $2.5 million to nearly 51,000 consumers misled by Credit…
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FTC Refunds Consumers for Deceptive Alcohol-Craving Supplement Claims
Purchasers of Sobrenix receive compensation after FTC addresses unsubstantiated health claims. The Federal Trade Commission (FTC) is issuing more than $536,000 in refunds to consumers who purchased Sobrenix,…
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FTC Rule Banning Fake Online Reviews Goes Into Effect
The federal regulation is intended to protect consumers and promote fair competition in the marketplace. A new federal rule prohibiting fake online reviews went into effect this month…
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FTC Report Calls for Stronger Protections Against Fraud on Seniors
The FTC and Advisory Group work to address fraud targeting the elderly as over $1.9 billion lost to scams in 2023. The Federal Trade Commission (FTC) recently released…
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FTC Finalizes “Click to Cancel” Rule for Business Subscription Services
Chairwoman says canceling subscriptions must be “at least as easy” as signing up. The Federal Trade Commission (FTC) finalized a rule requiring businesses to make canceling subscription services…
Read MoreCosta Rica, Dominican Republic, and Panama Join FTC’s International Agreement
The new partners will enhance cross-border collaboration on consumer protections from fraud and illegal practices. The Federal Trade Commission (FTC) announced that consumer protection agencies from Costa Rica,…
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CFPB Warns Medical Debt Collectors Against Collecting Inaccurate Debts
The agency will take action against double billing, insufficient documentation, and false filings. The Consumer Financial Protection Bureau (CFPB) recently issued a legal guidance for medical debt collectors,…
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Transportation Department Fines Air Canada for Violating FAA Airspace Restrictions
The airline operated flights over restricted areas carrying United Airlines’ code. The U.S. Department of Transportation (DOT) has fined Air Canada $250,000 for operating flights in regions restricted…
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DOJ Sues Visa for Monopolizing Debit Card Markets
The department alleges the company “has unlawfully amassed the power to extract fees.” The Department of Justice filed an antitrust suit against Visa for anti-competitive actions. The department…
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CFPB Warns Banks of Overdraft Fee Consent Requirements in New Guidance
Attempts to reign in “phantom opt-in” agreements in updated legal interpretation. The Consumer Financial Protection Bureau (CFPB) released a new guidance this month, cautioning banks not to charge…
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