Wachovia to Pay $125 Million in Phone Fraud Case
Apr 26, 2008 3:42 PM, By Larry Riggs
The Office of the Comptroller of the Currency has reached a settlement with Wachovia Bank, N.A. directing the bank to pay about $125 million in restitution to consumers harmed by its relationships with several telemarketers and third-party payment processors. ...

FTC Settles With Alleged Canadian Phone Scammers
Apr 11, 2008 9:45 AM
Charles P. Farrugia, a defendant in a Federal Trade Commission lawsuit against a telemarketing scheme based in Canada, has agreed to settle Federal Trade Commission charges for his role in allegedly scamming American businesses into paying for business directories and listings they didn’t order. ...

Alleged Mortgage Scammers Arrested and Shut Down
Mar 24, 2008 8:13 AM
The mortgage crisis took an ugly new turn last week when several alleged scammers were arrested in California and their businesses closed. The defendants telemarketed homeowners to offer fraudulent loans, then used “psychological pressure, forgery, and outright lies” to close the sale, Attorney General Edmund G. Brown Jr. said in a statement. ...

Judge Orders Arrest of Credit Processor Rubin
Feb 19, 2008 8:20 AM
A federal judge has ordered the arrest of credit card processor Ira N. Rubin for failing to show up at a hearing on claims that he had violated court orders issued against him for his role in aiding a credit card scam. ...

Autodialer Telemarketer Hit With $180,000 FTC Fine
Jan 30, 2008 8:13 AM
The Federal Trade Commission has issued a proposed consent decree with Voice-Mail Broadcasting Corp. and its owner, Jesse Crowe. The FTC charged that Voice-Mail violated the Telemarketing Sales Rule (TSR) by making more than 46 million automated calls that featured prerecorded messages. ...

Missouri Wins Order Against Telemarketer
Jan 28, 2008 8:11 AM
Missouri Attorney General Jay Nixon has obtained a consent judgment against a San Francisco company that allegedly gave false information to state residents in telemarketing calls. ...

DMA Lauds House Passage of Phone Marketing Bills
Dec 12, 2007 8:22 AM
The Direct Marketing Association praised the House of Representatives Tuesday for passing two pieces of legislation governing the telemarketing National Do Not Call Registry. ...

DNC Registrants Ready to Renew
Dec 1, 2007 12:00 PM, Beth Negus Viveiros
The Federal Trade Commission has, for the time being, decided not to drop names from the National Do Not Call Registry after the initial five-year registration ...

Prochnow Pays the Price
Nov 12, 2007 7:51 AM, By Ray Schultz
On paper, it looks like just another court ruling. But the recent order upholding $7 million in penalties against subscription marketer Ronald L. Prochnow is the final chapter in a sad direct marketing melodrama. ...

FTC Settles Six Cases of DNC Registry Violations
Nov 8, 2007 8:01 AM
The Federal Trade Commission has settled six cases and levied nearly $7.7 million in fines against companies and individuals accused of violating the requirements of the National Do Not Call (DNC) Registry. ...