Michigan and the Federal Trade Commission are monitoring losses related to gift card fraud.
1 report, 1 independent
Updated Mon 00:00
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What happened
Michigan and the Federal Trade Commission are monitoring losses related to gift card fraud.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Michigan
state of the United States of America
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Federal Trade Commission
United States federal government agency
- FTC action follows a probe by Rob Bonta into pricing issues, prompting Congressional concerns. The FTC Chairman, Andrew Ferguson, is leading the response, which is supported by the American Economic Liberties Project.
- FTC Chairman Andrew Ferguson indicated active investigations into pricing issues as Seattle and NYC take local action.
Related events
- Michigan signed legislation prohibiting gift card fraud and required the Department of Health & Human Services to issue educational materials.
- The Social Security Administration and the Federal Trade Commission have issued joint warnings regarding various consumer fraud schemes.
- The Better Business Bureau and the Federal Trade Commission have jointly issued warnings regarding sophisticated fraud schemes.