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Congress Tells FTC Commanders May Have Broken Financial Laws
The U.S. House Oversight Committee sent a letter to the Federal Trade Commission saying it found evidence the NFL’s Washington Commanders engaged in potentially unlawful financial conduct
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Consumers Lost $5.8 Billion to Fraud Last Year — Up 70% Over 2020
Almost 2.8 million consumers filed a fraud report to the Federal Trade Commission in 2021, the highest number on record.
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Romance Scams on the Rise
You meet someone online, you think you’re in love and they steal your money – these kinds of romance scams are at record highs, according to the FTC.
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The Real ‘Catch Me If You Can' Con Artist Says Every Scam Involves One of These Red Flags
Frank Abagnale’s exploits as a con artist were profiled in the 2002 movie “Catch Me If You Can.” Here’s how he identifies potential scams.
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Student Loan Scams Increase When Payments Are Paused. What to Know
The continued pause of federal student loan debt and interest has led to some confusion and an uptick in scams. How to protect yourself from falling victim.
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On Giving Tuesday, FTC Urges Research Before Charitable Donations
If you’re thinking of making a monetary donation to any charity this holiday season, do some research first. “While most charities, a vast majority, are legitimate and honest, there are some out there that are not,” said Chuck Harwood, a regional director for the Federal Trade Commission. He says you should ask a lot of questions before making a...
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Third Stimulus Checks Still Available — and Scammers Are on the Prowl
Bogus e-mails about the $1,400 third round of stimulus checks lure unsuspecting victims to click a malicious link, according to the Federal Trade Commission.
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Biden Nominates FCC Chair, New Commissioner to Give Democrats Majority
Biden will name FCC acting Chair Jessica Rosenworcel as permanent chair and former FCC official Gigi Sohn as the fifth commissioner, the White House said.
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Covid-Related Scams Have Bilked Americans Out of $586 Million
Fraud linked to Covid-19 has cost Americans $586 million. However, scams seem to be on the decline.
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FTC Chair Lina Khan Outlines New Vision for Antitrust Enforcement, Consumer Protection
Khan has been among the leading voices for more vigorous antitrust enforcement, sparking a movement with her 2017 article, “Amazon’s Antitrust Paradox.”
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Even the Feds Reportedly Want to Know Why McDonald's Ice Cream Machines Are Always Broken
It’s a running joke that McDonald’s soft serve machines are always broken — but now this issue is, apparently, being taken seriously.
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Scammers Have Bilked Consumers Out of $545 Million in Covid-Related Fraud
Criminals have ripped off hundreds of thousands of Americans since the start of the pandemic, according to the FTC.
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Student Loan Forgiveness Scams Are on the Rise. Here's How to Protect Yourself.
Scams offering student loan forgiveness have increased amid confusion around pandemic programs and multiple calls to erase debt. Here’s what to watch out for.
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FTC Files Renewed Antitrust Complaint Against Facebook
A federal judge dismissed the FTC’s initial complaint in June but gave it a second chance to amend its filing.
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Student Loan Forgiveness Scams Are on the Rise. How to Avoid Falling Victim
Scams offering student loan forgiveness have increased amid confusion around pandemic programs and calls to erase the debt. Here’s what to know.
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Consumer Losses Due to Covid-Related Fraud Top $500 Million
Consumers have reported losing more than $500 million to Covid-related fraud since the beginning of 2020, according to the Federal Trade Commission.
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Biden Administration Aims to Rein in Abusive Non-Compete Agreements
President Joe Biden called on the Federal Trade Commission to write a rule curtailing the “unfair use of non-compete clauses” by employers.
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Covid Scams Cost Americans Nearly $500 Million — and Criminals Are Now Eyeing the Child Tax Credit
Victims have lost a combined $488 million, mostly from fraud involving online shopping and travel. The child tax credit poses a new opportunity for scammers.
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Facebook Asks for FTC Chair Lina Khan to Be Recused From Its Antitrust Case
Facebook’s petition follows a similar move by Amazon.
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Future AI Toys Could Be Smarter Than Parents, But a Lot Less Protective
As AI toys enter the market, they can be helpful, educational tools for kids but can also pose risks to data privacy.