Justice Department Arrests Suspects in Cryptocurrency Money Laundering Case

Two Chinese nationals funneled $73 million through various shell companies The Department of Justice (DOJ) has unsealed an indictment charging two Chinese nationals of defrauding and laundering at…

Read More

Opioid Producer Fined $1 Billion for Misbranding

DEA administrator says such companies have contributed to the opioid crisis. The Department of Justice announced that Endo Health Solutions, Inc. (EHSI) was ordered to pay $1.09 billion…

Read More

FTC Reaches Final Settlement in Student Loan Debt Relief Scam

The scheme made fraudulent promises of loan forgiveness, for which the agency imposed an industry ban and asset forfeiture. The Federal Trade Commission (FTC) has reached a settlement…

Read More

SEC Fines Two Investment Firms for “AI Washing”

Chair Gensler says advisors should not claim to use AI when they do not. The Securities and Exchange Commission  (SEC) fined two investment companies a combined $400,000 for…

Read More

FTC to Hold Advisory Group Meeting to Prevent Scams Against Seniors

Government and private sector officials will discuss effective scam prevention methods in the meeting. The Federal Trade Commission (FTC) announced an online meeting of the Scams Against Older…

Read More

10 States Join FTC Suit Against “Sham” Cancer Charity

The organization raised over $18 million over 5 years only providing 1 percent to cancer patients. This week, ten states joined the Federal Trade Commission in suing the…

Read More

FCC Enhances Partnership with UK on Robocalls and Privacy

The partnership’s focus addresses risks from cyber criminals. The Federal Communications Commission (FCC) and the United Kingdom’s Information Commissioner’s Office (ICO) have formally partnered to safeguard consumer privacy…

Read More

CISA Opens Zero Trust Cybersecurity Office

The entity will offer training and resources for other federal agencies. The Cybersecurity and Infrastructure Security Agency (CISA) launched the Zero Trust Initiative Office last week, expanding cybersecurity…

Read More

FTC Proposes Ban on Individual AI Impersonation as Fraud Concerns Rise

The agency is also looking to strengthen its enforcement against scammers. The Federal Trade Commission (FTC) has requested public feedback on a proposed rule that would prohibit individual…

Read More

FCC Outlaws AI-Voiced Robocalls

 Immediately updates policy after fake Biden voice called New Hampshire voters The Federal Communications Commission (FCC) voted unanimously to outlaw robocalls that feature fake voices created by artificial…

Read More

Back to top
FE3