FTC

Mile-high collaboration

The law enforcement community recently came together in Denver at a Common Ground Conference sponsored by the Colorado Attorney General and the Federal Trade Commission.

Blog Topics: 
Money & Credit

An alternative perspective

For many of us, homeopathy is one of those things we’ve heard of… but we might not be able to describe it, exactly. It’s a form of alternative medicine, and is based on the view that a substance that causes symptoms of an illness in a healthy person will — when diluted to a level that’s nearly undetectable — cure similar symptoms in sick people.

Why are we talking about this?  Well, the FTC will be hosting a free, public workshop on September 21, 2015, to take a closer look at advertising for over-the-counter homeopathic products.

Blog Topics: 
Health & Fitness

Did you get a consumer complaint notification from the FTC? It’s a scam.

Thanks to emails and calls from people who sensed something wasn’t right, we’ve heard that an FTC imposter scam we’ve written about before is back.

The email tells you there’s a complaint against your business, and wants you to click on a link. Here’s what one of the scammy emails said:

Sweepstakes scam uses FTC Commissioner’s name in vain

A couple of weeks ago, we told you about a sweepstakes scam using the FTC’s name to get people to send money. Now, there’s another sweepstakes-themed FTC imposter scam, and this one lays it on thick.

It starts with a letter from a lawyer in California. He says the FTC appointed him to notify you about a claim [spoiler: we didn’t], and includes a letter from FTC Commissioner Joshua Wright enlisting his help [spoiler: it’s fake].

Blog Topics: 
Money & Credit

The Highlights of the Highlights

Every spring, the FTC issues its Annual Highlights for the previous year. It’s like a corporate annual report, summarizing what we did and how we did it. Interested in our mission to protect consumers? Here are some of 2014’s highlights.

Annual Highlights Image

The FTC didn’t send that sweepstakes letter

Here’s a scam with an FTC angle. The letter has an official-looking FTC seal and is signed by “FTC Director” Jessica Rich. It says someone at the FTC will help you claim a cash prize you’ve won, and will help ensure delivery. That is, after you pay off the more than $5,000 “Legal Registration Bond.”

The language might sound legal, and the letter might look legit. You might look up Jessica Rich and see she’s an actual FTC official. But the truth is, there’s nothing legal or official about it. It’s a fake letter designed to convince you to send money for a non-existent prize.

There is no Bureau of Defaulters

The email says it’s a court notice from the Bureau of Defaulters Agency-FTC with your arrest warrant record attached. It says you’ve ignored their efforts to contact you, so now your Social Security Number is on hold by the federal government, you’ll be prosecuted for fraud, and you’ll owe all kinds of money when you’re found guilty. You’ve got just 24 hours to respond.

It’s not true. There is no Bureau of Defaulters, and the FTC doesn’t send emails like this to people.

FTC cracks down on tech support scams

“Your computer is damaged ... we’ll help you fix it.” It’s the latest twist on tech support scams: Scammers sell software online that claims to increase your computer’s performance. They lure you to their websites with pop-up ads or web searches. Then, they tell you to call a phone number to activate or register the software. On the phone, they ask for remote access to your computer and then tell you that your computer has many errors that need to be fixed immediately.

FTC helps teach teachers about financial literacy

The FTC offers free materials to help people understand money issues. So when teachers from across the country meet annually to improve their own financial literacy, and increase their ability to teach personal finance in school, we’re ready to help.

Blog Topics: 
Money & Credit

FTC publications — free and at your fingertips

When you want free consumer information — for yourself or a group — the FTC is ready to take your order. Looking for identity theft brochures to share with your book club? We’ve got them. Online safety handouts to use in the classroom? Right here. Bookmarks about charity fraud to distribute at a community fair? Absolutely. Our new and better bulkorder site is your gateway to almost 200 free publications for consumers and businesses.

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