The Federal Trade Commission today announced the filing of a lawsuit charging CompuCredit Corporation and its wholly-owned debt collection subsidiary, Jefferson Capital Systems, LLC, with deceptive marketing practices in selling credit cards to consumers in the subprime market. The FTC’s complaint charges both defendants with violations of the FTC Act and Jefferson Capital with violations […]
Tag Archives: Consumer Protection
“We Don’t Serve Teens”: Slogan for a Safe Summer
Because summer is a time when teen drunk-driving deaths peak and teens are at high risk of starting to drink, the Federal Trade Commission is urging adults around the nation to say “Let’s Make it a Safe Summer. Don’t Serve Alcohol to Teens.” “Don’t clam up if other adults serve alcohol to your kids,” said […]
“We Don’t Serve Teens”: Slogan for a Safe Summer
Because summer is a time when teen drunk-driving deaths peak and teens are at high risk of starting to drink, the Federal Trade Commission is urging adults around the nation to say “Let’s Make it a Safe Summer. Don’t Serve Alcohol to Teens.” “Don’t clam up if other adults serve alcohol to your kids,” said […]
FTC Press Conference Will Announce Lawsuit Challenging Subprime Credit Card Marketing Company and Debt Collector
The Federal Trade Commission will announce a law enforcement action today, charging a credit card marketer and a debt collection company with using deceptive marketing practices and abusive debt collection tactics affecting consumers in the subprime market. The announcement will be made during a joint press conference with the Federal Deposit Insurance Corporation (FDIC); the […]
FTC To Host Debt Settlement Workshop
The Federal Trade Commission staff will host a workshop on September 25, 2008, to learn about the growth of for-profit debt relief entities and examine how the for-profit debt relief model is affecting consumers and businesses. Consumer advocates, industry representatives, and state and federal regulators will discuss a range of issues, including the history and […]
Defendants in Debt Collection Scheme Aimed At Hispanics Agree to Settle FTC Charges
Two defendants have agreed to settle Federal Trade Commission charges for allegedly victimizing Spanish-speaking consumers nationwide by posing as debt collectors seeking money the consumers did not owe. They and the corporate defendants they controlled have been barred from further violations of federal law involving debt collection. According to the FTC’s complaint, Maria Oceguera, her […]
FTC Secures Full Proceeds of Business Opportunity Scammer’s $100,000 Performance Bond
The Federal Trade Commission today announced that it has successfully secured the proceeds of repeat offender Richard Neiswonger’s $100,000 performance bond. Last year, in a civil contempt case brought by the Commission, a U.S. district judge found Neiswonger in contempt for violating the terms of a 1997 permanent injunction by deceptively marketing business opportunities and […]
Before a Hurricane Hits, Make Sure Your Finances Are Safe and Sound
As hurricane season swings into high gear, you may be more than ready with fully charged batteries, evacuation plans for loved ones and pets, refilled prescriptions, and other precautions. Perhaps you’ve considered how to deal with the possibility of storm surges, high winds, tornadoes, and flooding. But are you financially prepared? For example, do you […]
Before a Hurricane Hits, Make Sure Your Finances Are Safe and Sound
As hurricane season swings into high gear, you may be more than ready with fully charged batteries, evacuation plans for loved ones and pets, refilled prescriptions, and other precautions. Perhaps you’ve considered how to deal with the possibility of storm surges, high winds, tornadoes, and flooding. But are you financially prepared? For example, do you […]
Operator Who Crammed Unauthorized Charges For Web Site Services Onto Phone Bills Ordered to Pay $4.1 Million Over FTC Charges
A U.S. district court has ordered a halt to the illegal operations of a defendant who crammed unauthorized charges for Web site services onto the phone bills of hundreds of thousands of small businesses and non-profit organizations. The Federal Trade Commission charged that the operation violated federal law and, following a trial, District Judge Kenneth […]