PYMNTS

FEBRUARY 20, 2020

The Federal Trade Commission (FTC) has sent $34 million to victims of a scheme by Office Depot and a separate software provider that encouraged them to buy unnecessary computer repair products, according to a report. The FTC is distributing 541,247 checks at $63.35

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PYMNTS

JULY 24, 2019

As reported on Wednesday (July 24), the Federal Trade Commission (FTC) has said it will fine Facebook $5 billion in the wake of the company’s mishandling of millions of users’ personal data. But beyond the financial settlement, the settlement also mandates that Facebook change the way it addresses privacy issues.

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PYMNTS

MAY 19, 2020

million to settle allegations that they laundered credit card transactions for scams targeting hundreds of thousands of consumers, the Federal Trade Commission (FTC) said on Tuesday (May 19). The FTC said that Ko operated First Pay Solutions LLC, an independent sales organization (ISO) affiliated with First Data, from 2012 to 2014.

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PYMNTS

JULY 24, 2019

But beyond the financial settlement, the settlement also mandates that Facebook change the ay it addresses privacy issues. The FTC has said that false statements could subject Zuckerberg and other corporate officers to personal liability, including civil and criminal penalties.

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PYMNTS

JANUARY 16, 2017

The FTC is cracking down on robocall telemarketing businesses, announcing last week it cracked down on two such companies that have been making robocalls to consumers that have been on the National Do Not Call Registry since 2012 or even earlier. and FTC v. The FTC’s litigation against them is ongoing as well.

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PYMNTS

JUNE 12, 2019

The emails came to light during the ongoing federal probe by the Federal Trade Commission (FTC). Facebook has been functioning under a consent decree it agreed to with the FCC in 2012, after a scandal with Cambridge Analytica regarding data privacy. The FTC is investigating whether it indeed did so.

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PYMNTS

APRIL 24, 2019

The anticipated and one-time fine that Facebook will pay to the FTC stems from the agency’s investigation into Facebook’s privacy practices. A judge would have to approve any settlement between the two parties, which would likely include the fine and changes to Facebook’s business practices. Largest Fine. Revenue Gain. billion.

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