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Lead Generator that Deceptively Solicited Loan Applications from Millions of Consumers and Indiscriminately Shared Sensitive Info Agrees to Pay $1.5 Million FTC Penalty
ITMedia Solutions LLC
A lead generation company that collected sensitive information from millions of consumers under the guise of connecting them with lenders will pay $1.5 million in civil penalties and face restrictions on their operations as a result of a Federal Trade Commission lawsuit.
The FTC’s complaint alleges that since at least 2012, ITMedia Solutions LLC, a number of affiliate companies, and their owners and officers have operated hundreds of websites that were designed to entice consumers into sharing their most sensitive financial information—including their Social Security numbers and bank account information. The defendants sold that information to marketing companies and others without regard for how the information would be used, according to the complaint.
Merchant Cash Advance Providers Banned from Industry, Ordered to Redress Small Businesses
16 CFR Part 461: Trade Regulation Rule on Impersonation of Government and Businesses
FTC Launches Rulemaking to Combat Sharp Spike in Impersonation Fraud
FTC, DOJ Obtain Ban on Negative Option Marketing and $21 Million for Consumers Deceived by Background Report Provider MyLife
MyLife.com, Inc.
The Department of Justice on behalf of the Federal Trade Commission sued MyLife.com, Inc. and its CEO Jeffrey Tinsley over allegations they deceived consumers with “teaser background reports” that often falsely claimed to include information about arrest, criminal, and sex offender records, and also engaged in misleading billing and marketing practices.
Phantom Debt Collectors Permanently Banned from Industry in FTC Settlement
FTC Announces Tentative Agenda for December 16 Open Commission Meeting
Open Commission Meeting – December 16, 2021
FTC Returns Additional $25 Million to Consumers Who Lost Money to Business Coaching Scam
FTC Data Show Major Increase in Gift Cards As Scam Payment Method
FTC Takes Action to Ban Payment Processor From Debt Relief Processing
FTC Returns Nearly $60 Million to Drivers Whose Tips Were Illegally Withheld by Amazon
FTC Puts Businesses on Notice that False Money-Making Claims Could Lead to Big Penalties
Resident Home, LLC; Analysis of Proposed Consent Order To Aid Public Comment
Funder and Servicer of Online Trading Academy Payment Plans Will Forgive Debt in Settlement with FTC
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