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Below are the latest identity theft information and scam alerts from the FTC.


3 tips from 3 FTC Consumer Review Fairness Act cases
Wed, 08 May 2019 10:21:34 -0400 - By Lesley Fair

Their lines of work are as different as can be: an HVAC and electrical contractor, a flooring seller, and a company that takes people on horseback rides. But according to the FTC, they have one thing in common. They all violated the Consumer Review Fairness Act. Read on for details about the FTC’s first cases solely enforcing the CRFA, the form contract provisions the FTC says contravened the law, and tips for keeping your contracts CRFA-compliant.

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Forum on small business financing: Watch the webcast now
Wed, 08 May 2019 08:30:36 -0400 - By Lesley Fair

It’s time to get up to speed and down to business. Strictly Business: An FTC Forum on Small Business Financing begins at 8:30 ET today, Wednesday, May 8th. Just in time for National Small Business Week, the half-day workshop will focus on the online marketplace for small business financing.

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This National Small Business Week, the focus is on cybersecurity
Tue, 07 May 2019 11:50:08 -0400 - By Rosario Méndez

It’s National Small Business Week, a time when we celebrate the businesses that make our communities thrive. For the FTC, it’s an opportunity to let business owners know that when it comes to protecting your business from cyber threats, you’re not alone. The federal government has resources to help you address common cyber threats and create a culture of cybersecurity at your company. The materials at FTC.gov/Cybersecurity were introduced last year in cooperation with DHS, NIST, and the SBA.

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FTC case against backpack seller unpacks how law applies in crowdfunding
Mon, 06 May 2019 13:37:01 -0400 - By Lesley Fair

Where do entrepreneurs go if they’re long on ideas, but short on capital? In their short history, crowdfunding platforms have often been the financial sparkplug that ignites the engine of innovation. But some campaigners promote zealously and deliver zilch. According to the FTC, a company raised over $800,000 in four crowdfunding campaigns for a high-tech backpack and other items, but used a large portion of the money on personal expenses.

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The many facets of advertising diamonds with clarity
Fri, 03 May 2019 10:58:09 -0400 - By Lesley Fair and Robert Frisby

Last month the FTC sent staff warning letters to eight firms advertising simulated or laboratory-created diamonds. According to the letters, the companies had promoted their products without adequately disclosing that they weren’t mined diamonds.

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i-Dressup and a data security mess-up
Wed, 24 Apr 2019 15:08:59 -0400 - By Lesley Fair

Kids love to play dress-up, but parents wouldn’t want them rummaging through the attic or climbing to the top shelf of the wardrobe without permission and proper supervision. The i-Dressup.com website offered users – including children – a virtual way to play dress-up and design clothes without those potential dangers.

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Safeguard your network and customer credentials: Tips from the latest FTC data security case
Wed, 24 Apr 2019 15:07:23 -0400 - By Lesley Fair

Suppose a lunch companion says, “I think there’s something wrong with this tuna salad.” To determine if the problem is tuna not to their taste vs. tuna gone bad, would you scarf it down? Probably not. Now remove tuna salad from the example and substitute a web browser extension. (Stay with us here.) Let’s say you’ve been warned that an unknown extension could be used for fraud. Should you download it and let it marinate in your company’s network?

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Putting the focus on small business financing
Tue, 23 Apr 2019 14:34:13 -0400 - By Lesley Fair

Whether you’re starting a business or trying to grow one, there’s one thing you need to take it to the next level: capital. Entrepreneurs look to traditional lenders, of course, but they’re also turning to the online marketplace to find small business financing. What types of products are available? What are the benefits and the consumer protection considerations?

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Violating Made in USA order lands filtration seller in hot water
Wed, 17 Apr 2019 11:51:24 -0400 - By Lesley Fair

When a company settles a case with the FTC, it’s not just water under the bridge. An FTC administrative order includes provisions designed to prevent similar deceptive or unfair practices in the future – and violations of those orders may result in civil penalties. The FTC just announced a proposed settlement with Georgia-based iSpring Water Systems for violating a 2017 order related to the company’s Made in USA claims.

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The Avant settlement: New financial platforms, established consumer protections
Mon, 15 Apr 2019 14:53:20 -0400 - By Lesley Fair

“There is nothing new under the sun.” It’s from the Book of Ecclesiastes and who are we to disagree? So even when innovative products enter the market – for example, new platforms offering financial services – fundamental consumer protection principles remain constant. And as the FTC’s $3.85 million settlement with Avant, LLC, demonstrates, that includes representations and practices related to online lending.

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For more headline news from the FTC, please visit the FTC website at www.ftc.gov

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