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Education & Training

For-profit colleges on notice

For-profit colleges sometimes use overblown — or flat-out false — promises to attract new students and their money. The FTC is ramping up its efforts to stop shady practices on campus. The Commission is sending a Notice of Penalty Offenses to the largest 70 for-profits, warning them that the FTC will not stand for unfair or deceptive practices.

Targeting the troops

While American servicemembers stand ready to defend the nation, smalltime scammers and large corporations alike have them in their sights. They follow the money — and they know that military personnel get a steady paycheck and valuable benefits from Uncle Sam. And the eventual transition back to civilian life gives the scammers even more opportunities to target the troops.

The training program trap: deceptive financing

Have you ever thought about paying for a training program to learn how to invest in real estate or start an online business? These programs can be pricey — and some make false promises about helping people make money. In fact, the FTC has sued plenty of real estate investment training and online business coaching programs that have done exactly that, while charging people thousands — or even tens of thousands — for those programs.