Recent News

FTC Wins Summary Judgment Against Fraudulent Gold, Silver Investment Scheme

Defendants ordered to pay more than $6.5 million for return to consumers At the Federal Trade Commission’s request, a federal judge has banned the operators of a fraudulent investment scheme from selling investments and ordered them to pay more than $6.5 million...

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FTC Wins Summary Judgment Against Fraudulent Gold, Silver Investment Scheme

Defendants ordered to pay more than $6.5 million for return to consumers At the Federal Trade Commission’s request, a federal judge has banned the operators of a fraudulent investment scheme from selling investments and ordered them to pay more than $6.5 million...

... Read More »

FTC Obtains Court Order Banning Debt Collectors from Debt Collection Business

Defendants allegedly posed as attorneys to take consumers’ money for phantom debts Three defendants who allegedly posed as lawyers and falsely threatened to sue people or have them arrested for failing to pay on debts they did not owe are banned from the debt...

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FTC Sending Refund Checks Totaling More Than $8 Million to Consumers Who Bought Deceptively Marketed Weight-loss Supplements

The Federal Trade Commission is mailing 442,898 refund checks totaling more than $8 million to people who bought weight-loss supplements that were deceptively marketed using illegal spam email, baseless weight-loss claims, and fake celebrity endorsements. Consumers...

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Ford, Alibaba plan to test new sales models in China

Ford is expected to sign a deal with Alibaba that may allow the automaker to test selling cars to consumers in China through Alibaba's online retail arm Tmall, as well as via a new "auto vending machine" store concept. ... Read More »

CFPB Ombudsman’s Office 2017 annual report

The CFPB Ombudsman’s Office shares its FY2017 annual report. ... Read More »

CFPB Ombudsman’s Office 2017 annual report

The CFPB Ombudsman’s Office shares its FY2017 annual report. ... Read More »

Congress cleared to review CFPB auto loan guidance

The CFPB issued rules in 2013 to hold lenders that offer auto loans through dealerships responsible for discriminatory pricing based on race, sex or national origin. ... Read More »

EFG Companies Launches Mobile App

DALLAS — EFG Companies today announced the launch of Driver’s Advocate, a mobile app developed out of the F&I product provider’s 2015 and 2016 Northwood University Innovator of the Year contests.Driver’s Advocate is designed to foster...

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Used Vehicle Index Rises for Third Straight Month

LAWRENCEVILLE, Ga. — Black Book (div. Hearst Business Media) released its Used Vehicle Retention Index for November, with the index increasing 0.3% month-over-month from 114.6 to 115.0, its third straight monthly increase dating back to August when it was...

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