The lender falsely promised instant cash advances while charging higher than disclosed fees. The Federal Trade Commission (FTC) announced that an online cash advance company, Cleo AI, has…
Read MoreDirector of the Consumer Financial Protection Bureau
Rohit Chopra, Director of the Consumer Financial Protection Bureau
Rohit Chopra is the Director of the Consumer Financial Protection Bureau. His agency is responsible for consumer protection in the financial sector, overseeing the practices of industries including banks,…
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FTC Takes Action Against Vroom
Court order proposes the online car dealer pay more than $1 million to reimburse customers. The Federal Trade Commission has taken action against the online car dealer, Vroom,…
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FTC Seeks to End Student Loan Debt Relief Scam
A federal court freezes assets in the agency’s first case under the Impersonation Rule. The Federal Trade Commission (FTC) has taken action against a student loan debt relief…
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FTC Bans Rite Aid From Use of Facial Recognition for 5 Years
The agency says the company was “reckless” in its use of the technology for surveillance purposes. The Federal Trade Commission (FTC) has prohibited Rite Aid from using facial…
Read MoreRohit Chopra, Director of the Consumer Financial Protection Bureau
Rohit Chopra is Director of the Consumer Financial Protection Bureau. His agency is responsible for consumer protection in the financial sector, overseeing the practices of industries including banks, credit…
Read More