FTC Proposes Ban on ‘Junk Fees,’ Coupled with CFPB Action
The FTC proposal is being coupled with the Consumer Financial Protection Bureau announcing that it will block large banks from charging junk fees to provide basic customer services.
A&E Real Estate Personalities Face Legal Scrutiny
Add a former get-rich-quick-with-real-estate pitchman on the A&E cable network to the laundry list of realty gurus who have found themselves in the crosshairs of the country’s top consumer watchdog agency.
Northwest Community Bank Uncovers Fraudulent Check Scheme
Winsted-based Northwest Community Bank reported that someone attempted to pass counterfeit bank checks for payment, the Connecticut Department of Banking said in a statement.
AG, FTC Dissolve Sham Cancer Charities In Settlement
Two national fraudulent cancer charities have been dissolved and their president is banned from charity fundraising under a national settlement with the Federal Trade Commission (FTC), according to the attorney general’s office. The settlement concludes the largest...
A Hacked Email Can Cost You Thousands
Picture this home purchase nightmare: After weeks of getting ready, you’re about to go to closing. Moving trucks are on the way. Based on instructions you received by email from your realty agent, you’ve wired closing funds to the bank account the agent specified. But...
