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FTC, Student Loan
FTC Helps End $10 Million Student Loan Debt Relief Scheme That Deceived Many Borrowers
KEY TAKEAWAYS The Federal Trade Commission helped end a $10 million student loan debt relief scheme by Nevada-based company Superior Servicing.A federal court recently placed Superior Servicing under a temporary restraining order and froze its assets after an FTC lawsuit in 2023.
Nevada company named in FTC complaint alleging $10 million student loan scheme
A Nevada company lied to consumers and charged hundreds of dollars in advance fees to reduce how much they owe on student loans, according to court documents.
FTC Release: FTC Acts to Stop Scheme that Bilked Millions out of Student Loan Borrowers
The Federal Trade Commission has stopped a scheme that allegedly bilked millions of dollars out of consumers burdened with student loan debt by pretending to be affiliated with the U.S. Department of Education in violation of the FTC's Impersonation Rule,
FTC, Fortnite
FTC Sending Out First Round of Epic Games Refunds Totaling $72 Million
The Federal Trade Commission (FTC) will soon deliver payments totaling in more than $72 million to gamers it says were “tricked” by Fortnite developer Epic Games – and more is on the way. The organization shared its plans to refund players affected by what was determined to be unfair microtransaction practices in a message on its website.
FTC Refunds 72 Million Dollars For Unwanted Fortnite Purchases
Epic Games has paid out the first 72 million dollars after a 500 million settlement to help players impacted by in-game purchases.
FTC distributes $72M to Fortnite customers tricked into making unwanted purchases
The U.S. Federal Trade Commission on Monday announced that it's sending the first round of payments to consumers tricked by Fortnite maker Epic Games into
GosuGamers
1h
US Federal Trade Commission to refund $72m to Fortnite players
The refunds come after Epic Games was revealed to have been ‘tricking’ players into making unwanted purchases.
JD Supra
9h
FTC Cracks Down on Selling Sensitive Location Info, Restricts Use of Consumer Data for 1st Time
The Federal Trade Commission (FTC) announced two significant enforcement actions this week – one against data broker Mobilewalla, Inc. and the ...
10h
Amazon Claims FTC Can’t Bring Suit Without Administrative Action
Amazon.com Inc. is claiming the Federal Trade Commission’s antitrust lawsuit against it directly violates the agency’s legal authority, as the e-commerce giant makes its latest effort to kill the ...
3d
on MSN
Bipartisan lawmakers call on FTC to investigate FanDuel, DraftKings
Sens. Mike Lee (R-Utah) and Peter Welch (D-Vt.) sent a joint letter to the Federal Trade Commission (FTC) and Justice ...
6d
FTC settles with data brokers that sold political, pregnancy info
Two consumer data brokers that sold information used to track individuals' religious and political beliefs, pregnancy status ...
2d
on MSN
FTC files lawsuit over weapons detection scanners in New Mexico schools
The Federal Trade Commission alleges the scanner failed to detect weapons in schools while flagging personal items such as ...
JD Supra
4d
The Dueling Views of FTC Commissioners Ferguson and Holyoak on the Scope of Agency Authority
Last month, the Federal Trade Commission (FTC) announced an enforcement action against Evolv Technologies, alleging that the company made ...
Music Ally
17h
US senator Richard Blumenthal calls for new FTC ticketing probe
Senator Richard Blumenthal urges Federal Trade Commission to crack down on deceptive ticket scalping practices in the live ...
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