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Tag Archives: FTC
FTC increases efforts against bogus job offers
The Federal Trade Commission has stepped up its ongoing campaign against scammers who falsely promise jobs and opportunities to “be your own boss” to consumers who are struggling with unemployment and diminished incomes due to the current economic downtown.
“Operation Empty Promises” is a multi-agency law enforcement initiative that involves more than 90 enforcement actions, including [...]
Advice from the experts – and those who’ve been there
Identity theft is hard to deal with. It’s like a “kick in the gut” when you find out you’ve become a victim. But there are things you can do to prevent that from happening.
Watch this video to learn some practical steps you can take. http://www.ftc.gov/bcp/edu/microsites/idtheft/video/avoid-identity-theft-video.html
Then call LifeLock. One of the best things you can do [...]
Experts predict this will be a banner year for ID theft
Experts are trying to figure out what identity thieves might do in 2011, but the truth of the matter is that this type of theft is escalating and transforming so quickly, the best anyone can do is guess about it’s course for the new year.
The Federal Trade Commission estimates that the identities of at least [...]
Council attempts to stop FTC-proposed law
The Council of Medical Societies has filed a motion to intervene in a pending case to prevent the Federal Trade Commission from applying the red flags identity theft rule to doctors.
The regulation requires entities that regularly extend credit to establish formal policies for detecting and preventing identity theft. The council said compliance with the rule [...]
Lawmakers debate consumers’ online privacy rights
The issue of privacy online is as hot as the sidewalks this summer. In this information age, our family, friends, neighbors and employers – as well as strangers – have the capability to watch every aspect of our lives.
In recent weeks, both the House of Representatives and the Senate have held hearings on online privacy, [...]
Rock and roll scam called ‘most elaborate’ by FTC
Gary Edwards of Seattle may have had aspirations to be the lead singer for AC/DC, but his dreams have now been dashed, thanks to some very savvy identity thieves.
Edwards, who is a dead ringer for Brian Johnson, lead singer for AC/DC, is known for his spot-on singing of the famous band’s songs, so when he [...]
LifeLock review
LifeLock settles dispute with the Federal Trade Commission
Much has been written here about LifeLock and their identity theft protection services. This week much was written elsewhere about LifeLock’s services and the settlement they reached with the Federal Trade Commission.
At the heart of the dispute was the question of whether LifeLock services can prevent every member [...]
LifeLock review: FTC delays Red Flag Rules enforcement … AGAIN!
The FTC announced today it will not begin enforcing the Red Flag Rules on August 1, as previously announced. This time they’ve extended creditors’ compliance deadline to November 1.
If you’ve ever seen the 1993 movie “Groundhog Day”, you have a glimpse of what it’s like to write about the Federal Trade Commission’s enforcement of the [...]
After 5-year delay, FTC allows 6 months more before enforcement of Red Flag Rule
The Federal Trade Commission has suspended enforcement of the Red Flag Rule until May 1, 2009, to give financial institutions and creditors more time to develop their identity theft protection plans. The Red Flag Rule was established as part of the 2003 Fair and Accurate Credit Transactions (FACT) Act.
The Rule was intended to protect consumers [...]
