The U.S. District Court in Chicago, in response to a...
The U.S. District Court in Chicago, in response to a Federal Trade Commission (FTC) request, stopped what the FTC called a telemarketing scam operated in the U.S. from the Dominican Republic that claimed to provide mortgage assistance relief to Spanish-speaking…
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homeowners, the FTC said (http://xrl.us/bniqbq). The four companies named as defendants (http://xrl.us/bniqbo) staged a Chicago location and accrued more than $2 million without providing promised services, the commission said. Separately, the FTC staff said in a statement released to the Consumer Financial Protection Bureau that they supported protections for consumers using general purpose reloadable (GPR) prepaid cards (http://xrl.us/bniqcn). The FTC Act protects GPR card users from some fraud, but they don’t receive the same protection the federal government provides to credit and debit cards, the FTC said (http://xrl.us/bniqc3). Some users may not know that a difference exists, it said.