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Business Blog

Message of the Qualpay case: Heed possible signs of fraud

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Ostriches get a bad rap. The popular perception is that the species Struthio camelus bury their heads in the sand. But, in fact, they flee from perceived danger at speeds that top 60 miles per hour...
Business Blog

FTC challenges tactics of online payday lender

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For a company called Harvest Moon, its business practices sure leave consumers in the dark about key aspects of its payday loans. That’s what the FTC alleges in a case filed in federal court in Nevada...
Business Blog

Do your COPPA Safe Harbor claims hold water?

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Way back in Marketing 101, we learned that consumers factor a number of features into their purchase decisions: price, performance, product positioning, and personal preference, to name just a few...
Business Blog

Big concerns about small business loan pitches

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Many small businesses are looking for a financial life preserver to help them stay afloat until the COVID-19 wave subsides. But joint warning letters just sent by FTC staff and the Small Business...
Business Blog

The risk that “no risk” offers pose to your business

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Small businesses and nonprofits should never be on the receiving end of another company’s deceptive practices. An FTC action challenges the methods of companies that allegedly pitch offers for “no...
Business Blog

Fighting Coronavirus scams: Taking stock

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Since the beginning of the COVID-19 crisis, the FTC has released dozens of warning letters against people trying to make an illegal buck off the Coronavirus. More than a month in, it seems like a good...
Business Blog

45 more companies get coronavirus warning letters

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FTC staff just sent letters to 45 more companies making COVID-19 prevention, treatment, or cure claims. There’s a lot to cover in this post, but it’s indicative of the breadth of questionable...
Business Blog

When the economic impact of COVID-19 hits home

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As companies struggle to stay afloat financially due to the economic reverberations of COVID-19, your employees are facing the same challenges at home. The FTC has something you can share with staff...
Business Blog

New funding for Coronavirus SBA loans attracts scammers

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If you’re a business owner, you may be planning to apply for a loan through the SBA’s Paycheck Protection Program (PPP) or Economic Injury Disaster Loans (EIDL) program. These programs recently got...
Business Blog

3 new things to know about FTC Safeguards Rule review

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As part of its regulatory review, the FTC announced earlier this year Information Security and Financial Institutions: An FTC Workshop to Examine the Safeguards Rule . If the Safeguards Rule is of...