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On March 8, the FTC settled with the operators of an online stock trading platform over allegations that the operators fraudulently marketed investment-related services that they. ....
The FTC settled with the operators of an online stock trading platform over allegations that the operators fraudulently marketed investment-related services that they claimed would enable consumers to make consistent profits and beat the market. ....
To embed, copy and paste the code into your website or blog: The Federal Trade Commission (FTC) has, for decades, considered itself a partner of state AGs in combatting anticompetitive, unfair, and deceptive trade practices, and state AGs certainly feel the same way. In December 2020, 30 state AGs filed a bipartisan amici brief urging the Supreme Court to affirm the FTC’s interpretation of its Section 13(b) authority in AMG Capital Management LLC v. FTC ( AMG Capital). In that brief, the state AGs asserted that their “own enforcement efforts are fortified by having a strong federal partner in the FTC.” The FTC and the state AGs regularly conduct joint investigations, share complaint data, and in many cases bring joint enforcement actions. But ....
The owners of a scam that targeted Latina consumers with promises of wealth and financial security are permanently prohibited from selling money-making opportunities under the terms of a settlement with the Federal Trade Commission. In a complaint filed as part of the FTC’s Operation Income Illusion sweep, the agency alleged that Moda Latina BZ Inc., Esther Virginia Fernandez Aguirre, and Marco Cesar Zarate Quíroz specifically targeted Latina consumers in Spanish-language ads on TV with false promises of earnings at home. “This scheme targeted Spanish-language TV viewers with lies about making money from home,” said Daniel Kaufman, acting director of the FTC s Bureau of Consumer Protection. “Anyone considering a work-from-home offer should take time and do research before spending their money. ....
How To Save Money Fast: 7 Quick And Easy Finance Tips For 2021 KEY POINTS Avoid get-rich-quick scams The economic damage from the pandemic left U.S. taxpayers with a lot of debt last year, so it s safe to say Americans are looking to save money in the New Year. With an uncertain future given the pandemic and the political climate, here are seven things anyone can do to save money in the new year. No.7: Plan Ahead For Expenses Nothing can ruin savings like unexpected costs. While some expenses are complete surprises, things like taxes are easier to predict. Unemployment checks are taxable, meaning households could face additional burdens given the extra $600 from the CARES Act and the new stimulus measure passed late December. Financial services firm Kiplinger recommends households save up for tax season, particularly if they had supplemental income last year. ....