FTC Alleges Marketers Bilked Consumers Online Out of $42 Million
Marketers bilked hundreds of thousands of consumers out of at least $42 million by enrolling them in an online discount club membership without consent, the FTC said in a Wednesday news release. Commissioners voted 2-0 to file the complaint in…
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the District Court for the Northern District of Georgia. Through websites and telemarketing calls, consumers thought they were applying for loans and provided bank account data, which was used to enroll them in a monthly online coupon service that 99.5 percent of consumers never accessed, the FTC said. When consumers alerted banks, the banks rejected 75 percent. The agency accused EDebitPay, seven other firms and 10 individuals of participating. EDebitPay's phone number and website didn't work.