Always be careful when you buy something based on the advice of a celebrity or influencer, especially investments. On social media, Kim Kardashian illegally touted cryptocurrency sold by EthereumMax without disclosing the payment she received for promoting it, the SEC said Monday.
Like most Washingtonians, I admire the accomplishments of The Boeing Co. However, when allegations were made about a “culture of concealment” and a flawed regulatory system, which led to two crashes, I was shocked. The SEC charged Boeing and a former CEO with making misleading statements after crashes in 2018 and 2019.
Due to Hurricane Fiona, Puerto Rico, the Dominican Republic, and nearby Caribbean islands have experienced floods, power outages, home damages, and lack of safe water and other necessities. After Hurricane Maria five years ago and the loss of 3,000 lives, many people want to help Hurricane Fiona victims.
Caregivers can’t be pursued over friends or family members’ debts from nursing home facilities. A report by the CFPB gives examples of how this illegal debt collection affects consumers: A daughter: The nursing home sent my name to the collection agency as if this was a debt accumulated by me.
Amazon stifles competition and causes increased prices across California through anticompetitive contracting practices, the state charged Wednesday. To avoid competing on prices with other online sites, Amazon requires merchants to sign agreements that penalize them if their products are offered for a lower price off-Amazon.
Have you ever paid for dealer “prep” or add-ons such as extended warranties, fabric protection, and VIN etching? Or, did you find out that the car in the ad costs much more when you get to the dealer? The Federal Trade Commission is working to address deceptive advertising and unlawful add-on sales in the auto industry.
Many people who got “pre-approved” credit offers from Credit Karma weren’t approved for credit and, as a result, wasted time applying and saw their credit scores drop when their applications were denied. Credit Karma deceived people about pre-approval for credit cards or loans offered by banks and lenders that used Credit Karma to promote their financial products.
Roomster and its owners are being sued by the Federal Trade Commission and six states alleging that the room and roommate finder platform posted reviews and other information that was false. The lawsuit announced Tuesday charges that Roomster posted fake positive reviews and made deceptive claims about its listings.
Scammers are targeting Medicare recipients with fake offers to get “free covid tests.” They’re calling, using TV and online ads, and setting up websites to try to get people to give them their Medicare information. If scammers get the information, they’ll bill fraudulent charges to Medicare. And, the consumers never get any free covid tests.
