Federal Trade Commission (FTC)
Coverage of Federal Trade Commission (FTC) in the Nexus archive.
- InvestigateTV+ Weekend: For-profit schools not as promised
For-profit schools are accused of misleading students with false promises about high graduation rates, salaries, and corporate ties, leading to years of debt and worthless degrees. Federal loan forgiveness programs and legal battles have left many students in financial limbo.
- ‘I want to cry, I want to vomit’: Meet a 43-year-old who lost $90,000 to an online boyfriend she never met
Jean Booth, a 43-year-old woman, lost $90,000 to an online romance scam involving a non-existent boyfriend named Donnie. The article highlights the rise of romance scams in the U.S., with over 49,000 victims reporting $1.3 billion in losses in 2022.
- She knew he wasn’t real. She was in love with him anyway. Takeaways about romance scams
Jean Booth's experience with a romance scam highlights the rising prevalence of such frauds in the U.S., with over 49,000 victims reporting $1.3 billion in losses in 2023. The article links the surge to social isolation post-pandemic and notes psychological factors, such as humans' innate need for connection, which can lead individuals to seek relationships in vulnerable ways.
- She knew he wasn’t real. She was in love with him anyway. One woman’s story of a romance scam
Jean Booth, a woman in a romance scam, sent money to a non-existent partner named Donnie despite knowing he was fake. The article highlights rising romance scams in the U.S., with over 49,000 victims reporting $1.3 billion in losses in 2022 according to FTC data.
- Iowa farmer says domestic fertilizer prices are ‘not even doable’
An Iowa farmer reports domestic fertilizer prices have more than doubled since 2021, reaching $1,150 per metric ton, making costs unsustainable. He attributes the crisis to market consolidation and global supply chain disruptions linked to the war in Iran, while federal agencies investigate potential collusion in the fertilizer market.
- Federated Realty LLC aka Federa
Federated Realty LLC, also known as Federa, is accused of being a scam after a user lost $12,000 in a house bid and has been unable to recover the deposit. Complaints have been filed with multiple agencies including BBB, Florida Attorney General, and FTC, with DBPR currently investigating. The user warns others to check reviews before participating in Federa's online auctions.
- What a scammer sees the moment they Google your name
A scammer can gather personal information about a person by simply Googling their name, finding results such as LinkedIn pages, Facebook profiles, addresses, and photos. This information can be used to target individuals for scams. The scammers can use Google's precision targeting tool to search for specific information.
- Missed voicemails with no calls? It could be a scam
A silent voicemail scam is targeting phone users, where scammers use automated robocall systems and caller ID spoofing to leave voicemails without the phone ringing. The goal is to confirm the number is active and valuable for future scams. Users are advised not to call back unknown numbers and to turn on built-in call filtering.
- FTC to ban data broker Kochava from selling Americans’ location data
The FTC is banning Kochava from selling location data without explicit consent, settling charges that it sold precise geolocation data from hundreds of millions of mobile devices. The ban includes Kochava's subsidiary, Collective Data Solutions. This decision aims to protect consumer privacy.
- Trump's missed AI deadlines
Key deadlines in President Trump's executive order to regulate state AI laws were missed, with agencies like the FTC, Commerce Department, and FCC failing to deliver required actions. The delays raise questions about the administration's ability to enforce federal oversight of AI regulation, as agencies struggle to finalize guidance, evaluate state laws, and establish transparency standards.
- How scammers target grieving victims through online games
Scammers exploit online games like Words With Friends to target grieving or vulnerable players, initiating friendly conversations that eventually shift to financial requests via gift cards. These romance scams, costing billions annually, often involve criminals hiding their identities and using email headers to mask their locations.
- Identity theft losses surge 70% for older Americans
The FBI's 2025 internet crime report reveals a 70% surge in identity theft losses for Americans aged 60 and older, totaling $48.5 million. Older adults face higher losses due to fraud targeting bank accounts, retirement funds, and investments, while other scams like investment fraud and business email compromise caused billions in losses globally.