Tags » Federal Trade Commission

Colorado-Based Western Union To Pay $586 Million For Fraud Victims

NEW YORK (AP) — Western Union has agreed to pay $586 million to the U.S. government to pay back victims of fraud that the money transfer company failed to protect. 230 more words

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Uber settles FTC lawsuit claiming it misled drivers about pay

Uber settled a lawsuit filed by the Federal Trade Commission today for $20 million. The lawsuit alleged that the ride-hailing app recruited drivers by misleading them about the amount of money they could earn through the app and the auto financing deals they could get through Uber’s Vehicle Solutions Program. 347 more words

TC

FTC: Western Union knew its agents were committing fraud, agrees to return $586 million to fraud victims

Western Union has known for years that scammers were using its system to commit significant fraud. Even when faced with clear evidence that many of its agents were committing fraud, Western Union kept taking people’s money, probably billions in fraud-related transfers, sent since January 2004, the Federal Trade Commission said Thursday. 655 more words

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FTC: Western Union knew its agents were committing fraud, agrees to return $586 million to fraud victims

Western Union has known for years that scammers were using its system to commit significant fraud. Even when faced with clear evidence that many of its agents were committing fraud, Western Union kept taking people’s money, probably billions in fraud-related transfers, sent since January 2004, the Federal Trade Commission said Thursday. 655 more words

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Feds Halt Phony Rental Home Scheme That Raked In Millions In Bogus Credit Check Fees

For years now we’ve been warning consumers about the apartment rental credit check scam: a scheme where homes (that may not even exist) are listed online with the sole purpose of tricking prospective renters into paying for “credit checks” that will never be done. 381 more words

Crime & Fraud

Qualcomm Faces Anti-Trust Lawsuit Over Patents, Licensing

Your phone might say “Apple” or “Samsung” or “LG” on the outside, but inside there are parts from dozens of companies, including Qualcomm, which now stands accused by federal regulators of using anticompetitive tactics to maintain an alleged monopoly on one important cell phone component. 324 more words

Federal Trade Commission

Utah AG Reyes to be FTC chair in Trump White House?

SALT LAKE CITY — Utah Attorney General Sean Reyes is under consideration to be chair of the Federal Trade Commission, the Washington, D.C. newspaper Politico is reporting. 139 more words

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