FTC

We would wager our combined annual salaries – a sum roughly equal to the value of a half dozen donuts from Krispy Kreme – that every single soul reading this website has a story or three about being blitzed with products in a dealer’s F&I office. Vehicle etching, useless warranties (sorry – this paper only covers mechanical fuel pumps), and p-packs up the wazoo are the bane of most shoppers’ existence when trying to buy a car.

June 29 (UPI) -- The Federal Trade Commission sued Walmart, alleging that the retailer turned a blind eye to scammers using its money transfer services to defraud Walmart customers of more than $197 million. The FTC said in a statement Tuesday that it sued Walmart "for allowing its money transfer...

The Federal Trade Commission on Wednesday accused Walmart of allowing its money transfer services to be used for fraud, resulting in people losing hundreds of millions of dollars. The consumer protection agency wants Walmart to return money to consumers and for a court to impose civil penalties on the retail giant.

CHARLOTTE — Channel 9 is constantly warning you about scams. Action 9 has reported on many scams that involve a victim going to a store to buy gift cards or transfer money to the criminal. Sometimes, someone from the store will ask questions and step in, saving the person...

Click here to read the full article. The Federal Trade Commission (FTC) is suing Walmart for “turning a blind eye” to scammers who used the company’s money transfer system to steal from customers. In a complaint filed Tuesday in a U.S. district court in the Northern District of Illinois, the FTC said Walmart allowed its money transfer services to be used to defraud consumers out of “hundreds of millions of dollars” through telemarketing and other scams and has failed to enact policies to prevent these transfers. According to the FTC, Walmart knew that various telemarketing scams — which work by deceiving people...

Trying to track down the actual price of a new vehicle can be confusing, as many automakers tack on destination freight charges and other associated dealer fees that can drive up the transaction amount. The Federal Trade Commission (FTC) is now looking to put a stop to the practice of implementing hidden fees in new vehicle transactions, this week proposing a rule change that would ban so-called “junk fees,” and other bait-and-switch style tactics.

2022 is shaping up to be a banner year for Ford dealers. Currently, the automaker is hammering out details that will affect how all the stores within its dealer network will conduct business. Ford is splitting itself into two separate production development divisions – Model e – which will focus on EV efforts – and Ford Blue, which will continue ICE operations – and has asked individual dealers to choose which if they would like to represent one or both, a change that will likely take place by 2023. Ford dealers have gone through “stress tests” to see how they would handle a potential shift, but there are potentially some new stressors on the way, courtesy of the Federal Trade Commission.

One of the FTC’s purposes is to help protect consumers from fraudsters, and it seems to be doing just that. The FTC filed a lawsuit against Walmart for allowing money transfer scams. Article continues below advertisement. The FTC filed the lawsuit on June 28 after conducting a vote to...

Walmart (WMT) has been sued by the Federal Trade Commission (FTC) for allegedly allowing millions of dollars in fraudulent money transfer services, but the retail giant has slammed the suit, claiming it is “unfounded” and “ignores the billions” it has saved customers. In its suit, the...

NEW YORK — The Federal Trade Commission said Tuesday that it has sued Walmart for allegedly allowing its money transfer services to be used by scam artists who stole "hundreds of millions of dollars" from customers. In its lawsuit, the agency alleged that for years, Walmart failed to properly...

Widespread drought, rising prices, and feed shortages in the Great Plains and West have created a fertile field for cattle feed scammers to take advantage of ranchers working to protect their livestock and their bottom line. In Montana, authorities are warning ranchers to treat with suspicion ads offering cattle feed at below-market prices. Ranchers report […]

SIOUX FALLS, S.D. (KELO.com) — Widespread drought, rising prices, and feed shortages in the Great Plains and West have created a fertile field for cattle feed scammers to take advantage of ranchers working to protect their livestock and their bottom line. In Montana, authorities are warning ranchers to treat...