FTC Highlights Actions to Protect Consumers from Impersonation Scams

Impersonation scams are among the top reported frauds to the FTC, with losses totaling $2.95 billion in 2024 The Federal Trade Commission today highlighted actions taken to protect consumers from impersonations scams since the Government and Business Impersonation Rule took effect in April 2024. Scams impersonating businesses and government are consistently among the top frauds reported … Read more

Cash Advance Company Cleo AI Agrees to Pay $17 Million As Result of FTC Lawsuit Charging It Deceives Consumers

FTC complaint charges that Cleo misleads consumers about amounts and timing of available cash advances and obstructs efforts to cancel subscriptions Online cash advance company Cleo AI has agreed to pay $17 million to settle the Federal Trade Commission’s allegations that the company deceived consumers about how much money they could get and how fast … Read more