FTC Slaps Video Social Networking App Musical.ly with $5.7 Million Penalty
Video social networking app TikTok previously known as Musical.ly agreed to pay $5.7 million to settle the charges against it by the Federal Trade...
A Family Affair – US Congressman and Close Family and Friends Charged with Insider...
Congressman Christopher Collins, the U.S. Representative for New York’s 27th Congressional District, his son, Cameron Collins and a third individual, Stephen Zarsky, have been...
Incorrect Quantitative Investment Models Lead to $97 Million Investor Payout
Faulty Investment Models
The Securities and Exchange Commission charged four distinct Transamerica entities for misconduct involving faulty investment models. Amid the charges, the SEC ordered...
Deepak Agarwal, founder of Choxi, stands accused of fraud
Deepak Agarwal has a lot of explaining to do. Agarwal and his previous company Choxi (aka NoMoreRack) are in the middle of a legal...
Pennsylvania Department of Education Settles Federal Civil Rights Probe
The Pennsylvania Department of Education (PDE) agreed to settle a federal civil rights investigation into complaints related to its statewide system of alternative education...
Maryland Man Pleads Guilty to Medicaid Program Health Care Fraud
Ghost Timesheets For Work Never Performed
Vincent Njong, 48, of Silver Spring, Maryland, pleaded guilty to health care fraud on Wednesday in the U.S. District...
Walmart and Dick’s Sporting Goods Sued Over Refusal to Sell Guns to Those Under...
Recently, both Walmart and Dick’s Sporting Goods reviewed and rewrote their policies related to gun sales. Both retail giants no longer sell certain guns...
FTC Halts Company Running Tech Support Scam
In consumer protection news, the FTC sued Universal Network Solutions, LLC over deceptive marketing in the way that the company offered tech support products...
Supreme Court to Hear Microsoft Digital Privacy Case
Microsoft will argue its digital privacy case in front of the Supreme Court on Tuesday, February 27, 2018. The case, United States v. Microsoft...
TD Bank – Some Say Its America’s Most Inconvenient Bank
TD Bank advertises itself as “America’s most convenient bank,” but is it true? With more than 1,200 locations in the United States and a...
Must Read
FTC imposes $110M monetary judgement against Allied Wallet for processing fraudulent...
Allied Wallet, a payment processor, and its CEO Ahmad Khawaja and two other officers, Mohammad Diab and Amy Rountree, agreed to settle the charges...
