Finance

FTC Outlines Remedy Concerns in Amicus Brief After Jury Finds Google Illegally Monopolized App Store

The Federal Trade Commission filed an amicus brief in a case brought by online video game maker Epic Games Inc. against Google LLC ’ s app s

Treasury Announces Enhanced Fraud Detection Processes, Including Machine Learning AI, Prevented and Recovered Over $4 Billion in Fiscal Year 2024

October 17 , 2024 Treasury ’ s Office of Payment Integrity Began Using Enhanced Processes , including Machine Learning AI , to Deal with Inc

READOUT: Deputy Secretary of the Treasury Wally Adeyemo's Travel to the United Kingdom

October 16 , 2024 LONDON – From October 13 to October 15 , Deputy Secretary of the Treasury Wally Adeyemo visited London , the United Kingdo

FTC Sends More Than $2.6 Million to Consumers Harmed by FloatMe’s Deceptive and Discriminatory Lending Practices

The Federal Trade Commission is sending more than $ 2.6 million in refunds to consumers harmed by online cash advance provider FloatMe . The

FTC Orders Shut Down Unauthorized Billing and Credit Card Laundering Schemes, Require Turn Over of Assets Valued at Approximately $40 Million

At the request of the Federal Trade Commission , a federal court today approved settlements that will require the forfeiture of assets value

FTC Announces Tentative Agenda for September 19 Open Commission Meeting

Today , Federal Trade Commission Chair Lina M. Khan announced that an open meeting of the Commission will be held virtually on Thursday , Se

FTC Sends Refunds to Consumers Harmed by CafePress’s Data Security Failures

The Federal Trade Commission is sending payments totaling more than $ 370,000 to consumers who were harmed by the data security failures of

Treasury Sanctions Network for Shipping Oil on Behalf of Iran-Backed Houthi Financier

October 17 , 2024 WASHINGTON — Today , the Department of the Treasury ’ s Office of Foreign Assets Control ( OFAC ) sanctioned eighteen comp

FTC Action Leads to Settlement Against Individual and Company that Operated Business Opportunity Scheme That Took Millions from Consumers

As a result of a Federal Trade Commission lawsuit , an individual and his company who helped operate a sprawling business opportunity scheme

Treasury Expands Sanctions on Republika Srpska Network Evading U.S. Sanctions

November 6 , 2024 WASHINGTON — Today , the U.S. Department of the Treasury ’ s Office of Foreign Assets Control ( OFAC ) is designating one