Investors were deceived by artificial trading volume and price manipulation. The Securities and Exchange Commission (SEC) filed fraud charges against three companies and nine individuals for engaging in…
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Costa 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,…
Read MoreFTC Settlement Bars Sweepstakes Operator from Further Scams
Perpetrator’s prize promotions defrauded consumers of $28 million worldwide. The Federal Trade Commission (FTC) announced that Victor Ramirez has agreed to a settlement that permanently bans him from…
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VA Launches Call Center to Protect Veterans from Fraud and Scams
The department establishes the VSAFE website and call center for assistance. The Department of Veterans Affairs has launched resources to help protect U.S. veterans, service members, and their…
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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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SEC Launches Campaign to Promote Investor Protection
The educational initiative is meant to help investors avoid scams. The Securities and Exchange Commission’s Office of Investor Education and Advocacy has launched a public awareness campaign called…
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FTC Reports Increase in Government Impersonation Scams
Consumer losses nearly double in 2023, prompting federal agencies to raise awareness and combat deceptive tactics The Federal Trade Commission (FTC) recently released data showing an increase in…
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FTC Issues Refunds to Consumers Defrauded by Business Consultants
Refunds totaling over $2 million are being distributed to nearly 2,000 consumers misled by baseless earnings claims. The Federal Trade Commission (FTC) is issuing over $2.4 million in…
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Justice Department Charges 5 Californians for Medicare Fraud
Fake hospices were opened to tap federal funding. The Department of Justice facilitated the arrest of five California residents charged with defrauding Medicare of more than $15 million…
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