At the request of the Federal Trade Commission, a federal court has temporarily shut down two massive telemarketing operations that allegedly conned tens of thousands of consumers out of more than ...

Paddle will pay the FTC $5m to settle allegations that it processed payments for tech support scammers. The UK-based payments firm will also be permanently banned from processing payments for tech ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The firm will also be permanently banned from processing ...

On June 16, 2025, the FTC announced it had reached a settlement with a UK-based payment processor, resolving allegations that the company facilitated deceptive tech-support schemes by processing ...

Phyllis Weisberg, 90, never thought she’d fall for a scam. Though widowed and living alone, she maintained robust social connections and confidently used her mobile phone and laptop computer to ...