Ongoing efforts by the FTC and its federal and state partners to stop mobile cramming have resulted in a whopping $105 million dollar settlement with AT&T — the biggest to date with a prominent mobile phone carrier. Even better news for affected AT&T customers? They might be eligible for a refund.
You just bought the latest smartphone. You loaded all your favorite apps — online banking, GPS, even an app to track your health.
But now your phone is full of information about you — how much money you have, where you are and whether you’ve gained a little weight. Your information can cause problems if it’s in the wrong hands. Want to protect it? These tips are for you.
How low can scammers go? As low as stealing from older consumers to line their own pockets. The FTC says some scammers claimed to be calling on behalf of the government to verify information for a new Medicare card or Medicare-related package. In fact, it was a ruse to get people’s bank account information to make unauthorized withdrawals from their accounts.
You know you need to eat a variety of healthy foods every day to stay healthy. But you may wonder if that’s enough. Should you also be taking supplements? Which ones and how much? Are they safe? Do they work? Will they interact with your medications?
Where can you go to cut through the hype and get reliable information? The federal Office of Dietary Supplements is one excellent source.
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.
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.
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.
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.