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Monday, February 19, 2018

UPDATE: FTC Issued Final Order on Victory Media’s Promotion to Military Families

In October 2017, we brought you the lawsuit filed by the FTC against Victory Media, Inc. In their federal lawsuit, the FTC alleged that...

Bitcoin Plummets below $10K amid Broad Weakness in Cryptocurrency Market

Bitcoin plummeted below $10,000 amid the broad weakness in the cryptocurrency market on Monday. Other digital currencies including ethereum, ripple, litecoin, and stellar also...

International Advisory Services & Millenium Direct Incorporated Banned from Mass Mail Prize Promotion

International Advisory Services, its acting officer Terry Somenzi, along with Millenium Direct Incorporated, and its acting officer David Raff, were sued by the FTC...

ALERT: Moonlight Slumber, LLC Settles “Organic” Product Claims

Just a few weeks ago, we told you about Moonlight Slumber, LLC facing several serious allegations made by the FTC. One of those claims...

Bitcoin Fraud: CFTC Charges Two Individuals for Swindling Investors

The U.S. Commodity Futures Trading Commission (CFTC) filed charges against two people and their companies involved in bitcoin fraud. On Friday, the regulator released two...

DiscountMetalBrokersInc Banned from Selling Investment Opportunities

Starting in 2014, DiscountMetalBrokersInc began running television ads on Fox News, CNN, and Fox Business Networks. They also ran ads on the radio. DiscountMetalBrokersInc,...

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...

A to Z Marketing, Inc., Scammed Consumers by Offering Fake Mortgage Relief

A to Z Marketing, Inc., was accused of scamming consumers by offering fake mortgage relief. The federal lawsuit, filed by the FTC, began in...

Stratford Career Institute Failed to Meet Basic High School Requirements for High School Program

Recently, the FTC mailed out more than 8,000 refund checks to students who enrolled in Stratford Career Institute’s high school program. According to Stratford...

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

FTC cracks down on student loan debt relief scams.

Ameritech Illegally Charged Consumers Up-Front Fees for Help with Student Loan...

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...