Updates would clarify amplifier power output for accurate consumer comparison. The Federal Trade Commission (FTC) has proposed amendments to its Amplifier Rule, which is intended to help consumers…
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Senate Bill Would Hold SBA Accountable for COVID Fraud
The Small Business Administration disbursed approximately $1.2 trillion during the pandemic. Senator Joni Ernst of Iowa has introduced legislation to require the Small Business Administration to “collect all…
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FTC Bans and Fines Telemarketing Scammers
The deceptive marketing of fraudulent auto warranty sales defrauded consumers. The Federal Trade Commission (FTC) is imposing penalties upon the operators of a fraudulent telemarketing scheme, which scammed…
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FTC Warns Consumers of Scammers Impersonating Agency Staff
Imposters make claims of contest wins or money owed. The Federal Trade Commission (FTC) recently released an alert to consumers about the increase in scammers impersonating FTC staff…
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FTC Reports Rise in Text Message Scams
Commission analysis reveals fake bank fraud warnings as the most common. The Federal Trade Commission (FTC) has announced the findings of recent analysis of text message scams. In…
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FTC Files Suit Against XCast Labs for Illegal Robocall Network
Orchestrated telemarketing campaigns even impersonate government entities. The Federal Trade Commission (FTC), supported by the Department of Justice, has filed a lawsuit to stop the operations of XCast…
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IRS Says 1.1 Million Returns Possibly Fraudulent
Senators also request IRS counter scams that defraud individual taxpayers. The Internal Revenue Service has flagged some 1.1 million 2022 tax returns for potential identity fraud requiring additional…
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FTC Stops Student Loan Debt Relief Schemes
Debt relief scams conned student borrowers out of millions. The Federal Trade Commission (FTC) has stopped two companies falsely claiming affiliation with the Department of Education and deceiving…
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FTC Permanently Bans Firms from Debt Relief After Scams
The defendants who defrauded credit card debtors must surrender assets. The Federal Trade Commission (FTC) successfully sued operators of a credit card debt relief scheme that was located…
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FTC Takes Steps to Curb Foreign-Based Robocalls
“Project Point of No Entry” addresses internet service providers. The Federal Trade Commission (FTC) announced a new effort, called Project Point of No Entry, to stop illegal spam…
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