Tag: consumer_fraud
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FTC Halts $200 Million Credit Repair Scam Involving 17 Companies
The FTC has temporarily halted a sprawling credit repair scheme involving 17 companies that allegedly scammed consumers out of nearly $200 million through deceptive practices and illegal fees.
BusinessLaw EnforcementPolitics and GovernmentFederal GovernmentLegalEconomyFinancial MarketsSocial Issues FTCCredit RepairConsumer FraudScamFederal CourtIllegal FeesDebt Collection
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Federal Court Sanctions Payment Processor Cliq $6.5 Million for Contempt
Payment processor Cliq Inc., formerly Cardflex, and its operators Andrew Phillips and John Blaugrund, face a $6.5 million sanction from a federal court. This follows a contempt finding for violating a 2015 order aimed at preventing consumer fraud, at the…
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentLegalEconomySocial Issues Cliq Inc.Federal Trade CommissionPayment ProcessorConsumer FraudCourt OrderAndrew PhillipsJohn Blaugrund