Chester County News and Community Website
WASHINGTON, D.C. — Consumers lost $470 million to text message scams in 2024, reflecting a troubling fivefold increase in financial losses since 2020, according to the Federal Trade Commission (FTC). …
FTC Reports $470 Million Lost to Text Scams in 2024 Read More
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has announced significant enforcement actions in the year following the implementation of the Government and Business Impersonation Rule, which took effect in …
FTC Cracks Down on Impersonation Scams, Targeting $2.95 Billion in Consumer Losses Read More
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has issued warning letters to operators of websites offering Employer Identification Number (EIN) filing and delivery services, cautioning them against practices that …
FTC Warns EIN Filing Services Over Misleading Practices Read More
WASHINGTON, D.C. — Andrew N. Ferguson, recently appointed by President Trump as Chairman of the Federal Trade Commission (FTC), wasted no time signaling a seismic shift in the agency’s direction. Within …
FTC’s New Era: Ferguson Takes Aim at DEI Policies in Groundbreaking Move Read More
WASHINGTON, D.C. — In a victory for consumers across the nation, a notorious foreclosure relief scam operation has been hit with a hefty $12 million in consumer redress and penalties. …
Justice Served: Foreclosure Relief Scam Operation Slapped with $12 Million Penalty Read More The Federal Trade Commission (FTC) recently submitted its annual summary of consumer protection activities in the debt collection sector to the Consumer Financial Protection Bureau (CFPB). The CFPB will use …
FTC Provides CFPB with Annual Summary of Debt Collection Activities Read More
The Consumer Financial Protection Bureau (CFPB) is proposing a rule to supervise larger nonbank companies that offer services like digital wallets and payment apps. The proposal, announced last week, aims …
CFPB Proposes Supervision of Large Nonbank Digital Wallet and Payment App Companies Read More