New York changes the way debt collectors do business

New York changes the way debt collectors do business

by Carol Thompson New York State is cracking down on debt collection with new regulations that will require collectors to be more accountable. The new state Department of Financial Services regulations are intended to prevent aggressive and deceptive practices by...
Sony settles false advertising claim with Federal Trade Commission

Sony settles false advertising claim with Federal Trade Commission

by Carol Thompson Sony Computer Entertainment America (“Sony”) has agreed to settle Federal Trade Commission charges that it deceived consumers with false advertising claims about the “game changing” technological features of its PlayStation Vita handheld gaming...
Online dating service busted for fake profile scheme

Online dating service busted for fake profile scheme

by Carol Thompson Online dating has resulted in many happy endings, but they can also be breeding grounds for scams and schemes. The Federal Trade Commission recently cracked down on one scamming website that used fake profiles to convince members to upgrade from a...
Federal Trade Commission halts online credit score scheme

Federal Trade Commission halts online credit score scheme

by Carol Thompson The Federal Trade Commission has stopped an online scheme that allegedly lured consumers with “free” access to their credit scores and then billed them a recurring fee of $29.95 per month for a credit monitoring program they never ordered. Three...
Blind justice: Arbitrators have immunity from lawsuits- Part III

Blind justice: Arbitrators have immunity from lawsuits- Part III

by Carol Thompson A California resident lost an arbitration case and was forced to pay nearly $90,000 in legal fees for the opposing party, an amount that was close to the amount he had been seeking to recover. It wasn’t until long after that it was learned that...