If you’ve got a wireless network, your wireless router connects your computer and other devices to the internet. If it’s reasonably designed and configured, the router also is a gate that should prevent hackers from accessing your devices and data. Hackers have used unsecured internet-connected devices, like routers and cameras, to steal people’s data, spy on their activities, and even bring down important websites. So it’s pretty important that routers – key connections to the internet – are secured, right?
The FTC thinks so, which is why today we’re suing the makers and distributors of D-Link products, for failing to take reasonable steps to secure their routers and IP cameras.
Associate Director, Consumer & Business Education, FTC
Over the last few years, we’ve warned about a lot of imposter scams. In one of the most common types, callers pretending to be from the IRS demand payments and threaten to arrest people.
Last fall, we mentioned raids on illegal telemarketing operations by the police in India. After that, the US Department of Justice indicted dozens of scammers who also were impersonating the IRS. After those actions, the number of IRS imposter scams reported to the FTC plummeted. On Tuesday, the New York Times ran a behind-the-scenes look at the call centers and the raids that took them down. It’s a great reminder that scammers are organized, and they’re really good liars.
If you had a dollar for every New Year’s resolution you’ve broken, what would you do with all that money? If spending was your first thought, here’s a resolution that can help your money grow: create and use a budget in the new year. Start by taking these steps to make a budget.
If you’re paying back your federal student loans, you might be interested in online ads saying things like, “Erase Default Statuses in 4–6 Weeks!” or – for the next few weeks – “Obama Wants to Forgive Your Student Loans!” Erasing default and loan forgiveness – sounds great to someone who owes a bundle, right?
We ended 2015 by announcing Operation Collection Protection, a massive, nationwide enforcement initiative, targeting illegal debt collection practices at the federal, state, and local levels. Since then, the FTC and its partners have been busy bringing more actions against debt collectors who are unlicensed, deceptive or abusive. As Operation Collection Protection comes to a close, here’s a look back at what was accomplished.
The Federal Trade Commission recently held “The Changing Consumer Demographics” workshop to examine demographic shifts.As the U.S. population ages and gets more diverse, consumer protection strategies must evolve to make sure we’re protecting all communities. Workshop participants, including expert demographers and leaders in marketing, consumer advocacy, and law enforcement, discussed what the population will look like in the future – and what that means for consumer protection.
As more and more consumers are shopping with mobile apps, fraudsters are following the money. There are fake phone apps popping up that impersonate well-known retailers in order to steal your personal information. Their names are similar to well-known brands, and their descriptions promise enticing deals or features.But these fraudulent apps can take your credit card or bank information. Some fake apps may even install malware onto your phone and demand money from you to unlock it.
Do you have faux fur on your holiday wish list – maybe a jacket, hat or throw? It turns out that some faux fur is actually real fur, but manufacturers and retailers say it’s fake. And misleading people is against the law.
In the summer of 2015, the FTC won its lawsuit against thirty-two telemarketers including Money Now Funding LLC. The defendants took more than $7 million from people through a work-at-home scam. They told people they could earn money by referring local merchants to a non-existent money-lending service. The scammers claimed their “business opportunities” would yield up to $3,000 per month, but only after people paid $499 for the business opportunity and thousands of dollars more for business leads.
If you’re doing business with a car dealer that advertises 100-plus-point inspections for its used cars, you’d expect the dealer to make it clear if some of those cars had open recalls for safety defects, right?