With payments beginning to arrive, the Federal Trade Commission (FTC) is offering tips to help citizens protect themselves from financial schemes involving the newly signed legislation.
Last week, Soto was the main co-sponsor of U.S. Rep. Warren Davidson’s, R-Ohio, “Token Taxonomy Act" which “establishes much looked-for clarity for businesses, consumers, and regulators operating in the growing U.S. blockchain ecosystem.”
The defendants collected more than $110 million using deceptive solicitations. This massive robocall shutdown came at the end of National Consumer Protection Week.
The bill “would tackle exorbitant prescription costs by increasing competition for generic drugs through better oversight of the Food and Drug Administration’s (FDA) citizen petition process.”
State Attorney General Ashley Moody’s efforts to protect Floridians and hold scammers accountable continue this week as Florida recognizes National Consumer Protection Week.
Back in 2013, U.S. Rep. Vern Buchanan, R-Fla., teamed up with U.S. Rep. Ted Deutch, D-Fla., to introduce the “Seniors Fraud Prevention Act” which increases the role of the Federal Trade Commission (FTC) in monitoring and offering response systems for when seniors are damaged by fraud. They’ve been pushing the bill since then and brought it back in April 2019 with U.S. Rep. Peter Welch, D-Vt., also behind it.
“The challenges of COVID-19 include a heightened risk of identity theft. Scammers, thieves, and imposters are taking advantage of vulnerabilities brought on from unemployment claims, government-sponsored small business loan programs, and other forms of identity theft,” said Fried.
According to the Federal Trade Commission (FTC), they received about 1.4 million reports of identity theft, which is double the number from 2019.
On Thursday, state Sen. Manny Diaz, R-Hialeah, filed a bill “which provides for expanded student eligibility and parental choice for K-12 scholarship programs that serve students with unique abilities and students from lower-income families.”
Scott's letter to the Federal Trade Commission follows the U.S. Department of Justice’s recent announcement that a former Zoom executive had been charged for coordinating with the Communist Party of China to target U.S.-based dissidents and disrupt video meetings commemorating the June 4, 1989 Tiananmen Square Massacre.
Back in January 2019, U.S. Rep. Charlie Crist, D-Fla., paired up with U.S. Reps. Matt Cartwright, D-Penn., Garret Graves, R-La., and the late Walter Jones, R-NC, to bring out the “Spam Calls Task Force Act” which will create a federal task force to cut down on spam calls.
Estimates show that fraud against senior citizens can cost more than $40 billion a year.