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Sunday, April 21, 2019

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...

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...

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 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...

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...

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....

FTC Stops Jamie White from Helping Scammers Take Advantage of Unsuspecting Consumers

In consumer protection news, the FTC stopped Jamie White, a Utah resident, from helping scammers take advantage of unsuspecting consumers. According to the lawsuit...

Must Read

Democrats Double Down on Green New Deal Support

On Friday, Rep. Rashida Tlaib attended a Detroit town hall; the purpose of the town hall centered around reigniting support for the controversial Green...