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Wednesday, May 23, 2018

Tumblr Terminates Accounts Linked to Russia

On Friday, Tumblr announced their decision to remove accounts which appeared to have links to Russia, reports The Hill. An Overview of Russia-Linked Tumblr Accounts Tumblr...

Media Marketing Companies Charged with Scamming Customers

A slew of media marketing companies have been charged by the Federal Trade Commission for violating a multitude of rules that protect consumers, including...

Theranos Inc., Elizabeth Holmes, and Ramesh Balwani Charged with Fraud

The SEC charged Theranos Inc., CEO Elizabeth Holmes, and its former President Ramesh “Sunny” Balwani last week over fraudulent statements made to investors that...

FTC Returns Almost $500,000 to Consumers Who Bought Fake Weight Loss Supplements

Tachht, Inc., and Teqqi, LLC were ordered by the federal court to pay almost $500,000 to refund customers who bought their fake weight loss...

Judge William J. O’Neil to preside over Attorney Daniel Warner / Aaron Kelly legal...

William J. O'Neil, Presiding Disciplinary Judge, is assigned to the legal fraud case brought by the Arizona Bar against Attorney Daniel Warner and his...
FTC cracks down on student loan debt relief scams.

Ameritech Illegally Charged Consumers Up-Front Fees for Help with Student Loan “Debt Relief”

Ameritech Financial along with its officer Brandon Frere were accused of taking illegal up-front fees in a student loan debt relief scam as part...

United Debt Counselors Forced to Refund Close to Half a Million Dollars to Consumers

United Debt Counselors describes themselves on their website as a debt settlement service that’s been in business for more than seven years. Located in...

CWB Services, LLC Accused of Scamming Consumers With Fake Payday Loan Agreements

As if payday loans don’t get people into enough financial trouble (it’s referred to as predatory lending for a reason), the FTC mailed out...

Behind the SEC’s Moves On ICOs

One of the biggest challenges we face in our times is that technology and marketing move much faster than the legal system’s ability to...

Bitcoin is a Combination of “Bubble” and “Ponzi Scheme” says BIS Head

Bitcoin is a combination of a “bubble, a Ponzi scheme, and an environmental disaster,” according to the head of Bank for International Settlements (BIS). The...

Must Read

Shipchain Receives C&D from South Carolina AG, Responds “It’s Business...

Shipchain, a cryptocurrency company that sold over $30M in what is deemed by South Carolina regulators as unregistered securities, has received an administrative order...