Tag: Federal Trade Commission

Capital, Finance Tech

US investors reported over $50 million in losses from crypto scams to the Federal Trade Commission in the first quarter

June 7, 2021

Via: Markets Insider

US consumers reported $52.6 million in losses from crypto scams to the Federal Trade Commission (FTC) in the first quarter of this year. The figures represent a roughly 80% increase from the fourth quarter of 2020 when consumers reported $29.3 […]


How scammers could use coronavirus scare to steal your money

February 28, 2020


The health of your wallet could be at risk as the new coronavirus spreads to new parts of the globe. Consumers are warned that they could soon be inundated with fake products, phony stock deals, fabricated emails, texts and social […]


Thousands of people are getting refunds for a bogus supplement that claimed to treat drug addiction

October 4, 2017

Via: Business Insider

More than 5,000 Americans are about to get a check in the mail, after regulators discovered that a Florida-based supplement maker was peddling an herbal drink mix that it claimed could help treat addiction. The company, Sunrise Nutraceuticals, marketed its […]


Qualcomm shares plunge amid US antitrust case

January 18, 2017


Shares of Qualcomm fell 4 percent on Tuesday after U.S. regulators charged the company with using anti-competitive tactics over licensing, in yet another regulatory hurdle to its business. The Federal Trade Commission alleges that Qualcomm received high royalties for patented […]


Saline price spike leads to call for FTC probe

October 27, 2015

Via: itCurated

Source photo Four U.S. senators asked the Federal Trade Commission to investigate whether suppliers of saline solution have illegally inflated prices to exploit a chronic shortage of the hospital staple. The senators sent a letter Monday to FTC Chairwoman Edith […]