Consumer Information Blog

No support for shapewear’s slimming claims

Imagine wearing an undergarment for eight hours a day for a month to slim inches off your hips and thighs and reduce the unsightly orange peel appearance of cellulite. Yeah, right. In your dreams. Yet, according to the FTC, that’s just what Norm Thompson Outfitters, Inc., and Wacoal America, Inc., claimed in advertising and marketing for their slimming shapewear.

Blog Topics: 
Health & Fitness

After 100 years, looking ahead to our next century

One hundred years ago today, the New York Times’ news pages were filled with coverage of the outbreak of World War I in Europe. There were stories about the newly opened Panama Canal and the growing movement for women’s suffrage. For $200, an ad in the paper offered readers the chance to purchase a Victrola phonograph.

Two weeks earlier in September 1914, readers of the Times may also have noticed a news item under the single-column headline: “Trade Board Bill Wind-Up.” It reported that Congress had enacted new antitrust legislation creating a bipartisan, five-member body called the Federal Trade Commission.

FTC@100 logo

Blog Topics: 
Money & Credit

Income scams are subject of new FTC fotonovela

The FTC’s second Spanish-language fotonovela is about scams that promise you can make money selling high-end products or brand-name merchandise. If the pitch sounds familiar, that’s because the story is based on facts from a recent FTC lawsuit against a company that targeted Spanish speakers nationwide. Income Scams tells the story of Fatima, a consumer who is looking for a way to earn some extra money.

Blog Topics: 
Jobs & Making Money

Debt Collection & the Latino Community Roundtable Agenda

On October 23rd, consumer advocates, industry leaders, state and federal regulators and academics will meet at the Grand Ballroom at California State University, Long Beach, for a roundtable discussion on Debt Collection & the Latino Community. The event is being hosted by the Federal Trade Commission and the Consumer Financial Protection Bureau. Please note the venue change to the Grand Ballroom.

Blog Topics: 
Money & Credit

FTC to abusive debt collectors: You’re outta business!

Imagine getting a phone message like this:

This is the Civil Investigations Unit. We are contacting you in regards to a complaint being filed against you, pursuant to claim and affidavit number D00D-2932, where you have been named a respondent in a court action and must appear… Please forward this information to your attorney in that the order to show cause contains a restraining order. You or your attorney will have 24 to 48 hours to oppose this matter… Call 757-555-1234.

Blog Topics: 
Money & Credit

A bitcoin breakdown

If you’re interested in technological, financial or social innovation, you’ve probably heard of Bitcoin. It’s a virtual currency used by people around the world to make purchases online, or in person using a mobile app. As more merchants accept the currency — and more companies pitch Bitcoin investments — more people are curious about how it works.

Unlike dollars, pesos or yen, bitcoins are not backed by a government or distributed by a central bank. Instead, bitcoins are created on the peer-to-peer bitcoin network through a process called “mining.”

Staying current: Bitcoin and other cryptocurrencies

You may have heard about them in the news, through one of your favorite online shopping sites, or from a friend who always has the latest scoop on technology trends: cryptocurrencies, like Bitcoin, are a way to buy things online — or in person, using a mobile app — with sellers who agree to accept them.

Now Hiring Spanish Speakers. $18/hr. ITINs Accepted

The Federal Trade Commission works closely with legal services providers and consumer advocates to root out frauds affecting communities across the nation. Several of our partners have told us about an income scam that’s targeting Latino organizations -- even churches. Here’s how it works:

Blog Topics: 
Jobs & Making Money

These online high schools didn’t make the grade

Looking for a way to get your high school diploma or a college degree online? You’ll want to read this.

Image of graduation hats

 

Blog Topics: 
Jobs & Making Money

Protecting Every Community: An update on the FTC’s work to combat fraud targeting Latinos

At the Federal Trade Commission, when we say we protect the nation’s consumers, we mean that the agency protects every community in the nation from fraud and scams. This includes African Americans, Asian Americans, Latinos, Native Americans, immigrants, older consumers, lower-income communities, and veterans and service members.

As we celebrate Hispanic Heritage Month, it’s a good time to look back on how the FTC has worked to protect the Latino community, in particular, in the past year. Here are some highlights:

Blog Topics: 
Money & Credit

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