WebThe Federal Trade Commission has initiated the process of returning more than $505,000,000 to more than 1 million consumers in the AMG Services/Scott Tucker case. The FTC and Department of Justice are jointly using funds obtained in the civil and criminal matters to provide refunds to consumers who took out loans before January 2013 from …
U.S. returns $505 million to victims of giant payday lending scheme
WebMay 19, 2024 · The Federal Trade Commission, through its refund administrator, is mailing 690,000 checks totaling more than $152 million to consumers who lost money to a massive payday lending fraud scheme operated by AMG Services, Inc. and the company’s … Use this tool to confirm that your AMG refund check is from the FTC. If you … WebJan 13, 2024 · Apr 22, 2024. 9-0. Breyer. OT 2024. Holding: Section 13 (b) of the Federal Trade Commission Act does not authorize the commission to seek, or a court to award, equitable monetary relief such as restitution or disgorgement. Judgment: Reversed and remanded, 9-0, in an opinion by Justice Breyer on April 22, 2024. killer whale attacks bear
FTC v. AMG Services Public Justice
WebEarly 2000's Payday Loans Civil Lawsuit checks. This afternoon I very nearly threw away what appeared to be a piece of "junk mail" from FTC vs. AMG Services. Looked like junk … WebArgued January 13, 2024—Decided April 22, 2024. The Federal Trade Commission filed a complaint against Scott Tucker and his companies alleging deceptive payday lending practices in violation of §5 (a) of the Federal Trade Commission Act. The District Court granted the Commission’s request pursuant to §13 (b) of the Act for a permanent ... WebApr 28, 2024 · On April 22, 2024, the United States Supreme Court unanimously held that § 13(b) of the Federal Trade Commission Act (the Act) does not authorize the Federal Trade Commission (FTC) to seek, or a court to award, equitable monetary relief such as restitution or disgorgement. 1 The FTC previously used § 13(b) as a significant … killer whale attacks great white shark