False statements to credit bureaus: Nothing to CROA 'bout

It’s called CROA – the Credit Repair Organizations Act – and it was put in place to protect people battling their way back from financial adversity.  Given the long history of questionable practices in this sector, CROA makes it illegal to charge people upfront before services are rendered.  It also bans misleading statements to credit bureaus about consumers’ credit records.  There’s been lots of talk about the harm posed by false negative information in credit

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It's Game Over for Gameover Zeus

The Department of Justice recently announced a multinational law enforcement effort to disrupt the Gameover Zeus Botnet.  What is it and why should your company care?

Gameover Zeus is malware designed to steal banking and other credentials from home and business computers.  Once infected, a computer becomes part of a global network of compromised computers known as a botnet.  Criminals use botnets to carry out illegal activity – like sending spam and spreading malware.  

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Fighting on three fronts: FTC weighs in on weight loss ads

Why do companies sell “miracle” diet pills and potions, promising results that defy the laws of physics?  Why do consumers buy them?  And what is the FTC doing about it?  Those are just some of the topics on the agenda at a congressional hearing today.  If you have clients that sell weight loss products or if you represent media outlets that run those ads, you’ll want to Read Full Post >>

Write your own headline

If you follow this blog, you know we try to catch readers’ eye with a turn of phrase in the title.  But when one of the defendant companies is named Bullroarer – and the FTC’s complaint alleges a massive mobile cramming scam – sometimes these posts just write themselves.  The settlement with Lin Miao, who ran the operation, is worth the attention of tech entrepreneurs who may not be familiar with the breadth of remedies availa

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Deceptive mortgage ads hit close to home

The headline read ZIP.  ZERO.  NADA.  In big print, the ads also said 0 money down* and 0 for paid closing costs*.  Heritage Homes didn’t include ZILCH, BUPKES, or (for “Buffy the Vampire Slayer” fans) THE BIG GOOSE EGG, but the FTC says the meaning to prospective buyers was clear.  So how much truth was in that across-the-board “zero” claim?   Accor

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