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Wednesday, May 23, 2018

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...

FTC Sacks Deceptive Marketers for Work-at-Home and Business Coaching Scheme

Deceptive Marketers and Expansive Fraud Scheme Deceptive marketers for a work-at-home and business coaching scheme swindle consumers out of millions of dollars. One of the...

SamSam Ransomware Paralyzes Atlanta and City Officials are Stunned

Ransomware Note and Digital Disruption “Ransomware is unique among cybercrime because in order for the attack to be successful, it requires the victim to become...
FTC looks to protect military families from deceptive advertising.

Victory Media Reaches Agreement to Resolve FTC Violations

Victory Media, Inc., was accused by the FTC of deceptive marketing practices related to their promotion of secondary education opportunities for our military men...

Fraudulent Marketers Banned from Invention Promotion Business

Invention Promotion Scam Scott Cooper and his Miami, FL, based companies, World Patent Marketing Inc. and Desa Industries Inc., agree to a settlement with the...

Mobile Money Code Is a Scam According to FTC Lawsuit

Ronnie Montano, Hyong Su Kim (Jimmy Kim), and Martin Schranz, along with their related companies, were sued by the FTC over Mobile Money Code....

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...

Getting Rich Quick from Negative-Option Sales

Marketing and Negative-Option Sales "The FTC uses the phrase “negative option marketing” broadly to refer to a category of commercial transactions in which sellers interpret...
By RailbirdJAM at en.wikipedia (Transferred from en.wikipedia) [Public domain], via Wikimedia Commons

‘Infomercial’ Book Author Broke the Law with False Claims

Kevin Trudeau, informercial star and author of the book The Weight Loss Cure ‘They’ Don’t Want You to Know About, faces a multi-million dollar...

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...

Must Read

Pres. Trump promises Pres. Xi to look into ZTE but “no...

President Donald Trump clarified that there is no deal to help ZTE get back into business. However, he promised Chinese Pres. Xi Jinping to...