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FTC takes aim at costly mobile phone bill scams that jam consumers
Most consumers don’t have a clue that they can be billed for goods and services on their mobile phones. Scammers are taking advantage of this ignorance by putting charges on bills that many consumers often don’t recognize in multi-page statements that use codes rather than clear explanations about the nature of charges. Up to half of the charges may, in fact, be unauthorized.
It’s called “cramming”– putting unauthorized charges on phone …
Appeal of municipal bond convictions hangs on attempted suicide
Did the attempted suicide of a cooperating government witness make it impossible for three convicted municipal bond traders to get a fair trial?
That’s the view of the attorneys for the …
Subcommittee chair blasts credit reporting system as “Kafkaesque”
Calling the nation’s credit reporting system “Kafkaesque,” U.S. Sen. Claire McCaskill, (D-Mo.), publicly pressed the Federal Trade Commission and Consumer Financial Protection Bureau to take further action to force credit …
Book review: Cass Sunstein’s Simpler: The Future of Government
If you think a book about regulatory policy by a Harvard Law School professor and the former top regulatory official would be dry and sleep inducing, think again.
To be sure, …
FTC gets mixed verdict in suit against McWane
An administrative law judge upheld exclusive-dealing competition restriction charges that the Federal Trade Commission filed against pipe manufacturer McWane, Inc., but dismissed charges of illegal price-fixing.
The May 9 decision by …
FTC doubles down on identity theft targeting senior citizens
Identity theft is at the top of the list of all the complaints that older citizens raise with the Federal Trade Commission. That fact was highlighted by FTC Chairwoman Edith …
Experts give tips on advising elders how to dodge identity theft
One-size fits all approaches to preventing identity theft don’t work, especially for older citizens. One effective way to reach senior citizens who might be potential victims is to connect with …