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FTC Puts $1.9M Kink in Phone Bill Crammer's Wallet

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Old 03-14-2008
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FTC Puts $1.9M Kink in Phone Bill Crammer's Wallet
coondoggie writes to mention that the three largest companies in the billing aggregation market have been hit with a $1.9 million fine in response to the more than $30 million in bogus charges added to consumer's bills. The ringleader of the scam however, Willoughby Farr of Nationwide Connections, has been hit with $35 million and a lifetime ban. "Today's settlement would prohibit the companies from misrepresenting that consumers are obligated to pay for telecommunications charges that have not been expressly authorized. It also would be barred from billing or submitting any telecommunications charges for billing on a consumer's telephone bill unless such charge has been expressly authorized. [...] The FTC still has a case pending against other principals in this case: Yaret Garcia, Erika Riaboukha, and Qaadir Kaid. One other defendant Mary Lou Farr, has already settled with the FTC."Read more of this story at Slashdot.
http://rss.slashdot.org/~a/Slashdot/slashdot?i=oqdbVZ


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