Tags » Federal Trade Commission

Company That Sold Fake Payday Loan Debts To Collectors Must Pay $4.1M

We’ve heard it before: A debt collection company engaged in a “phantom” debt scheme in which they try to entice unsuspecting individuals into paying debts they don’t actually owe. 375 more words

Financial Products

Strong Patent Protection Promotes Strong Economies

In her distinguished tenure as a Commissioner and as Acting Chairman of the FTC, Maureen Ohlhausen has done an outstanding job in explaining the tie between robust patent protection and economic growth and innovation (see, for example, her Harvard Journal of Law and Technology article, … 316 more words

Federal Trade Commission

How Antitrust Affects Innovation

There is an emerging consensus that antitrust law promotes innovation. According to this theory, a monopolist has little reason to create superior goods and methods unless those efforts would increase the monopolist’s market power. 1,014 more words

Antitrust

Operator Of Payday Lending Venture Found Guilty Of Racketeering, Other Charges

Nearly two years after federal authorities arrested the man behind the company responsible for one of the scammiest payday loans Consumerist has ever seen, the man and his lawyer were convicted of racketeering related to running a $3.6 million online payday lending operation that exploited more than 4.5 million people.  994 more words

Financial Products

Advertisers “kinda-sorta” go along with FTC guidelines for labeling of native advertising placements.

In an effort to ensure that readers understand when published news stories represent “earned” rather than “unearned” media, in late 2015 the Federal Trade Commission… 344 more words

Marketing Communications

Texas, Pennsylvania Suing Dallas-Based Student Loan Relief Company

(CBSDFW.COM) – Two states are taking legal action against Jason Spencer and his company Student Loan Relief. His company was at the center of a… 288 more words

News

Student Loan Debt Relief Operations Allegedly Bilked $95M From Borrowers

The federal government and 11 states have joined together to accuse 30 purported debt relief operations of using deception and false promises to swindle more than $95 million from student loan borrowers. 1,567 more words

Financial Products