Topic
Scams
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News Rules & courts
US regulator asks whether platforms should have to stop scam ads that impersonate businesses and agencies
The FTC is weighing new duties for social media, search engines and online marketplaces whose ad tools may help impersonation scams. It is an early notice, not a rule.
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News Fintech & crypto
Humboldt Merchant Services to pay $12 million over payments for more than 1,000 shell merchants, FTC says
The FTC says the processor ignored red flags, with chargebacks almost 10 times what card brands call excessive. The settlement bans it from four kinds of merchant.
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News Fintech & crypto
Payment processor Nuvei to pay $4.85 million over processing for tech-support scams, under FTC settlement
The FTC says Nuvei processed more than $30 million for one offshore tech-support scheme. The order bans it from serving tech-support sellers who use pop-ups or telemarketing.