Right now its a hot one. According to the FTC case, Avant falsely advertised to customers that it would accept loan payments by card. And in the FTC settlement with ABCmouse, over $9.7 million went back to more than 200,000 people, mostly through PayPal. Your several brief paragraphs are a great example of what is needed for " Responsible AI.". If you do, you must create a user name, or we will not post your comment. Before sharing sensitive information, make sure youre on a federal government site. Stephanie T. Nguyen, Chief Technology Officer, Competition and Consumer Protection Guidance Documents, Refund Programs: Frequently Asked Questions, HSR threshold adjustments and reportability for 2023, A Century of Technological Evolution at the Federal Trade Commission, National Consumer Protection Week 2023 Begins Sunday, March 5, FTC at the 65th Annual Heard Museum Guild Indian Fair & Market - NCPW 2023, On Point Global Refunds (Fake DMV Websites), On Point Global Refunds (Fake Government Assistance Websites), University of Phoenix Settlement Payments. Opinions in comments that appear in this blog belong to the individuals who expressed them. The refund checks in total will amount to more than $644,000. To avoid these scammers: For more information, please read the FTCs article about phishing scams. Find legal resources and guidance to understand your business responsibilities and comply with the law. In these cases, we send an email from the FTC (subscribe@subscribe.ftc.gov) to payment recipients prior to payment. Find legal resources and guidance to understand your business responsibilities and comply with the law. but someone must be able to make distinctions and be able to tell it what is moral, what is not, what is a fact, what is not, what is intentional miss-information what is not what is humor / sarcasm what is not, etc. Whatever it can or cant do, AI is important, and so are the claims you make about it. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. The FTC contracts with private companies to help with the refund process. An official website of the United States government. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. DANGER, WILL ROBINSON, DANGER! Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. The FTCs, , a company that falsely promised consumers with credit card debt that they would reduce their interest rates and save them thousands of dollars. How long will it take to get a new check? . Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. . The .gov means its official. The comments posted on this blog become part of the public domain. . They may evenbereal checks written on bank accounts that belong to someone whose identity has been stolen. Legitimate cashier's checks are nearly risk-free and harder for scam artists to abuse. But one thing is for sure: its a marketing term. . The .gov means its official. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. I just heard about an FTC lawsuit. Your thoughts, ideas, and concerns are welcome, and we encourage comments. Ifyou have any otherquestions, please call the refund administrator at1-800-591-4238. Start small, then add on. Once payments have been issued, PayPal sends an email telling recipients about their refund. HSR threshold adjustments and reportability for 2023, A Century of Technological Evolution at the Federal Trade Commission, National Consumer Protection Week 2023 Begins Sunday, March 5, FTC at the 65th Annual Heard Museum Guild Indian Fair & Market - NCPW 2023, FTC Sends Nearly $5 Million in Refunds to People who Lost Money to Cramming Scheme, Company That Placed Crammed Charges on Consumers Phone Bills Settles FTC Contempt Charges, FTC Seeks Return of $52 Million Worth of Bogus Phone Bill Cramming Charges; Agency Charges Nation's Largest Third-Party Billing Company with Contempt, Crammers Settle FTC Charges (October 1999), FTC Enforcement Actions Continue to Target "Crammers". Not that all human knowledge sucked in by AI is garbage . The site is secure. For questions about your check or the refund process, call the administrator (Rust Consulting) at 1-866-730-8147, or email admin@AMGServicesRefund.com . Before sharing sensitive information, make sure youre on a federal government site. They do not belong to or represent views of the Federal Trade Commission. After settling with. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. The chart below includes recent FTC cases that resulted in refunds. If you get a PayPal payment, please accept it within 30 days. An official website of the United States government. to fully refund people for the amount they paid to, , a company that the FTC says collected payments for fake debt by threatening to sue or arrest people who didnt pay. If you do, you must create a user name, or we will not post your comment. Its safer to go to the website by typing the URL into your browser: Never pay money or give sensitive financial information to get a refund payment from the FTC. We don't edit comments to remove objectionable content, so please ensure that your comment contains none of the above. In a fake check scam, a person you dont know asks you to deposit a check. Under a settlement with the FTC, Hold Billing Services (also known as BillingServices Group) admitted to violating a previous court order when the companyadded third-party charges to peoples home phone bills between July 2009 and March 2010. You dont need a machine to predict what the FTC might do when those claims are unsupported. In one version of the scam, you get a call and a recorded message that says its Amazon. We wont post comments that include personal information, like Social Security numbers, account numbers, home addresses, and email addresses. If you were a little too jolly with your holiday spending, here are some tips to help you pay down your credit card debt. The most prevarication I have witnessed in the last five years (three in a DOD uniform and two in the AI-industry) have come from very large, well-established, well-connected companies. How to protect your personal information and privacy, stay safe online, and help your kids do the same. And yes he cut across. " Heres how to spot it. What to do about unwanted calls, emails, and text messages that can be annoying, might be illegal, and are probably scams. HSR threshold adjustments and reportability for 2023, A Century of Technological Evolution at the Federal Trade Commission, National Consumer Protection Week 2023 Begins Sunday, March 5, FTC at the 65th Annual Heard Museum Guild Indian Fair & Market - NCPW 2023, Franchises, Business Opportunities, and Investments, FTC says online counseling service BetterHelp pushed people into handing over health information and broke its privacy promises, Next step in FTCs Green Guides review: A closer look at recyclable claims, Tenant screening practices: The FTC wants to hear from you. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. But scammers try to cause confusion and take advantage at every step. If someone contacts you claiming that theyre from the FTC and want you to spend money in order to get a refund, its a scam. But this is a scam. If the FTC contacts you about a refund, you'll find information about the case at ftc.gov/refunds. A.I is just a computer program that hundred of software engineer scan instructions book of topic and write codes in a flow chart of every senecio, it the same as you study and how you recall how it's breakdown to its basic, you know why a. I. autonomous driving will never be had? Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. . An official website of the United States government. But keep in mind, this is a moderated blog. It often refers to a variety of technological tools and techniques that use computation to perform tasks such as predictions, decisions, or recommendations. They might say they need you to cover taxes or fees for a prize, to buy supplies for a job, to send back money they overpaid, or something else. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. We wont post comments that include personal information, like Social Security numbers, account numbers, home addresses, and email addresses. You dont need a machine to predict what the FTC might do when those claims are unsupported. Learn about getting and using credit, borrowing money, and managing debt. If there is any money left in the settlement fund after the first distribution, the FTC may send a second round of payments. Can I still get my payment? To verify the check is from the FTC, go to ftc.gov/amg. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Know that you only need to provide your name and email address to create a PayPal account. The FTC reports how much money was returned to consumers, how much was spent on administrative costs, and how much was sent to the U.S. Treasury when there were leftover funds, each year and for every case, on the agencys, Most FTC cases do not require you to file a claim. If there is still money available in the settlement fund, we may be able to reissue your payment. Find the resources you need to understand how consumer protection law impacts your business. But keep in mind, this is a moderated blog. Are you promising that your AI product does something better than a non-AI product? They're also useful for transactions with individuals you haven't done business with before. If you get a call from someone who says theyre from the FTC but asks you for money or sensitive information, please tell the real FTC at ftc.gov/complaint. For more information on how the FTC handles information that we collect, please read our privacy policy. This question is for testing whether or not you are a human visitor and to prevent automated spam submissions. You can findanswers tocommon questions about refund payments onour FAQ page. The FTC is sending refund checks to consumers who lost money as a result of Avant's lending practices. To file a detailed report about a scam, go to. CI has also created a short video about how to protect yourself from scams, posted on IRS-CI's YouTube page. businesses to avoid using automated tools that have biased or discriminatory impacts. In some cases, this lack of efficacy may exist regardless of what other harm the products might cause. Except for these administrative costs, the FTC tries to return all the money collected for refunds to injured consumers. . Overview The Middle Class Tax Refund (MCTR) is a one-time payment to provide relief to Californians. Heres what you need to know about these calls. We may routinely use these records as described in the FTCsPrivacy Act system notices. We wont post comments that include vulgar messages, personal attacks by name, or offensive terms that target specific people or groups. If we do not have all the information we need to send refunds, we may request that consumers file a claim. A.I accelerate till the camer tell it the cars are all stopped. Breathless media accounts dont help, but it starts with the companies that do the developing and selling. The site is secure. AI hype is playing out today across many products, from toys to cars to chatbots and a lot of things in between. I didnt cash my check right away. We wont post off-topic comments, repeated identical comments, or comments that include sales pitches or promotions. Find legal resources and guidance to understand your business responsibilities and comply with the law. BREVARD COUNTY, FLORIDA - The FTC is sending refund checks to more than 541,000 people who paid for repairs and technical services when they took their computers to Office Depot or Office Max. We work to advance government policies that protect consumers and promote competition. GIGO is a term we use in tech. What to know when you're looking for a job or more education, or considering a money-making opportunity or investment. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Users can explore refund data by case or by year to learn about where refunds were sent, the dollar amounts refunded, and the number of people who benefited from FTC refund programs. Federal government websites often end in .gov or .mil. When the funds are made available in your account, the bank may say the check has cleared, but that doesnt mean its a good check. Start small, then add on. on the long-run . You need to know about the reasonably foreseeable risks and impact of your AI product before putting it on the market. Wow, just noticed I have to provide labeled data for CV ML to post this. You can find and verify the phone numbers for FTC refund programs at ftc.gov/refunds. How to protect your personal information and privacy, stay safe online, and help your kids do the same. The FTC provides answers to common questions about refund payments on. What to do about unwanted calls, emails, and text messages that can be annoying, might be illegal, and are probably scams. Sometimes the FTC is able to return money to people who were ripped off in a con artists scheme. You need adequate proof for that kind of comparative claim, too, and if such proof is impossible to get, then dont make the claim. It often refers to a variety of technological tools and techniques that use computation to perform tasks such as predictions, decisions, or recommendations. The FTC first mailed checks for this matter in October 2019 and sent PayPal payments in August 2021, resulting in more than $26.5 million in refunds. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. We wont post off-topic comments, repeated identical comments, or comments that include sales pitches or promotions. Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. couch and chair set leather Find legal resources and guidance to understand your business responsibilities and comply with the law. It is your choice whether to submit a comment. Popular banking scams. The purpose of this blog and its comments section is to inform readers about Federal Trade Commission activity, and share information to help them avoid, report, and recover from fraud, scams, and bad business practices. Have you heard about it? Most FTC cases do not require you to file a claim. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. For more information about the FTCs refund process, see How the FTC Provides Refunds. Otherwise, do some research online. Identifying who is eligible for a refund FTC court orders typically require the company to provide a list of customers, their contact information, and how much each customer paid. In cases where the FTC is required to report payments to the IRS, the agency will include a 1099 tax form with your check. In reality, the FTC says, consumers paid a fee only to . Whatever it can or cant do, AI is important, and so are the claims you make about it. Learn more about your rights as a consumer and how to spot and avoid scams. The FTC's interactive dashboards for refund data provide a state-by-state breakdown of FTC refunds. We work to advance government policies that protect consumers and promote competition. Stephanie T. Nguyen, Chief Technology Officer, Competition and Consumer Protection Guidance Documents, You can findanswers tocommon questions about refund payments on. After letting those initial feelings subside, I think it is a great article and I have sent it to several DOD friends. Find legal resources and guidance to understand your business responsibilities and comply with the law. Whenever possible, the FTC uses the money it collects from defendants to provide refunds to injured consumers. Can I speak to someone about my claim form or payment? We wont post comments that include vulgar messages, personal attacks by name, or offensive terms that target specific people or groups. To protect your privacy and the privacy of other people, please do not include personal information. If you'd like to know more about how the refund program works, visit this page about the FTC's process. They are often printed with the names and addresses of legitimate financial institutions. Thank you to have the clarity and courage to say this, and to say it so well. Learn more about your rights as a consumer and how to spot and avoid scams. And remember that the FTC will never ask you to pay money or give your account info to get a refund.
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