#Federal Trade Commission

FTC to Issue $152M in Checks to Additional Victims of AMG Services

The Federal Trade Commission announced Thursday (May 19) that it will mail 690,000 checks, amounting to over $152 million, to customers who were defrauded by a payday lending fraud scheme run by AMG Services and the company’s owner, Scott Tucker. This will be happening through the FTC’s refund administrator....
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Manatee County Sheriff issues phone scam alert

MANATEE COUNTY, Fla. (WWSB) - The Manatee County Sheriff’s Office has issued a phone scam alert for residents. Detectives are investigating recent reports of scams involving people pretending to be members of the Manatee County Sheriff’s Office, while telling people they must pay fines or face jail time. The calls have reportedly appeared on Caller IDs as (941) 747-3011 – the actual MCSO non-emergency line.
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Forrest County sheriff warns public of latest scam

PINE BELT, Miss. (WDAM) - The Forrest County Sheriff’s Office is warning the public of yet another telephone scam. According to the FCSO Facebook page, the sheriff’s department has been receiving reports of Forrest County citizens receiving phone calls from “Forrest County Deputy Scott Lees.”. The caller...

The Baby-Formula Shortage Drove Desperate Parents to Buy Via Facebook Groups. Now, They’re Getting Scammed

Click here to read the full article. In recent weeks, the hunt for baby formula amid a nationwide shortage has taken April Krogmeier to every grocery store in her southeast Iowa town, and on six-hour-long drives to four different states. “We have been communicating with friends, with family, everybody’s searching,” Krogmeier says.  Another resource she’s turned to is social media. She joined three Facebook community groups where users offer to ship each other formula brands they find in stores in their areas at cost to other parts of the country where parents might be struggling to find what they need.  Krogmeier’s four-month-old...
Washington Examiner

FTC confirms Alvaro Bedoya to give Democrats 3-2 edge on the commission

The Senate confirmation of Alvaro Bedoya to the Federal Trade Commission last week may jump-start the agency’s ambitious policy agendas on privacy and antitrust. Bedoya was previously a visiting professor at Georgetown Law, where he founded and directed the Center on Privacy and Technology. Responding to his nomination in September 2021, he wrote on Twitter, “It is the honor of my life to be nominated to serve on the FTC.”

U.S. senators propose FTC investigate beef price fixing

WASHINGTON, May 19 (Reuters) - U.S. Senators Elizabeth Warren and Mike Rounds on Thursday introduced a bipartisan resolution asking the Federal Trade Commission to investigate beef companies for potential price fixing. It is the latest effort by politicians to hold meat companies accountable for high food prices, which critics blame...

Eight Virginia groups join request for Federal Trade Commission to investigate electric utility industry

Eight Virginia organizations have joined more than 230 consumer, environmental and public interest groups in asking the Federal Trade Commission to investigate electric industry practices that they say “impede renewable energy competition and harm consumer protection.”. “Today, abusive utility practices are leading to increased electricity rates, obstruction of clean...

Here’s what’s next for Atrium Health's proposed merger with Advocate-Aurora

Federal regulators are reviewing a proposed merger between Charlotte-based Atrium Health and a major hospital system in the Midwest. Atrium announced May 11 it plans to combine with Advocate Aurora Health, another large system based in Illinois and Wisconsin. The move would double Atrium’s size, giving it roughly 150,000 employees across six states.
Washington Examiner

Baby formula shortage undermines Biden's competence again

The White House is under pressure to rectify the country's baby formula shortage, but despite President Joe Biden evoking the Korean War-era Defense Production Act, the problem is poised to remain unresolved for weeks. And the administration's blame game has exasperated parents, who are now demonstrating their political strength ahead...

BBB of Middle TN and Southern KY Warns of a New Baby Formula Scam

BBB of Middle TN and Southern KY Warns of a New Baby Formula Scam. The nationwide shortage of baby formula continues to be a growing concern for many parents. Scammers are finding new ways to take advantage of consumers hunting for formula online. This new scam is making online shopping riskier.

FOCUS investigates customers’ complaints against a solar company

Customers spent thousands, waiting months for solar systems to generate power, some are still waiting. Read the company's response and the full FOCUS investigation. It’s not all sunshine when it comes to solar energy. WHAS11's FOCUS investigative team started looking into one solar power company after joining a private...

No one on the FTC wants ed tech to go the way of other online services

The Federal Trade Commission on Thursday unanimously reminded providers of education technology to follow federal limits on the collection and use of kids' data in an attempt to ensure that common practices in the data economy don't become the norm in schools. During its open meeting, the commission voted to...