The FTC recently obtained a record $1.2B judgment against former racecar driver Scott Tucker and others over an alleged deceptive payday loan scheme that charged consumers undisclosed and inflated fees. Even still, questions still linger over how the FTC will go about collecting that judgment, including claims by the defendants that the FTC is not […]
The FTC and law enforcement partners announced “Operation Ruse Control,” a nationwide crackdown to protect consumers when purchasing or leasing a car.
Among the deceptive ads run by Trophy Nissan was one that misled consumers into thinking they could get out of their current loan or lease for only $1. The FTC’s complaint alleges the advertisement was deceptive.
Two online payday-lending companies linked to professional racecar driver, Scott Tucker, have agreed to pay $21 million to the FTC to resolve charges.