FGC BOLSA - FGC FINANCIAL MARKETS INFO

At FTC’s Request, Court Permanently Shuts Down Imposter Fraud Scheme Defendants Used Robocalls to Fraudulently Pitch Help in Collecting FTC Refunds A federal district court in New York has barred the operators of an illegal robocall scheme from falsely telling consumers they could obtain refunds from the Federal Trade Commission on their behalf. In its  original complaint, the FTC charged that the operators of The Cuban Exchange, Inc. , “spoofed” the FTC’s own toll-free number on consumers’ caller ID and misled more than 13,000 people into believing the operation had a connection with the FTC and could help get refunds from the Commission. According to the FTC, the claims were a ruse, known as “imposter fraud,” that was designed to trick consumers into providing their personal information and bank account numbers. The operation also did business as CrediSure America and MyiPad.us.

FTC Approves Final Order Settling Charges That Ardagh’s Proposed Acquisition of Saint-Gobain Would Be Anticompetitive; Approves Ardagh’s Application to Sell Six Glass Plants and Related Assets Following a public comment period, the Federal Trade Commission has approved a  final order  settling charges that Ardagh Group SA’s $1.7 billion proposed acquisition of Saint-Gobain Containers, Inc. would likely harm competition in the markets for glass containers sold to beer brewers and spirits distillers. The  FTC’s administrative complaint , issued in July 2013, alleged that the proposed acquisition would concentrate most of the $5 billion U.S. glass container industry in two companies – the newly combined Ardagh/Saint-Gobain and Owens-Illinois, Inc.  If the merger had proceeded as proposed, these two companies would have controlled about 85 percent of the glass container market for brewers and 77 percent of the market for distillers, reducing competition and likely leading to hi

Mobile Crammers Settle FTC Charges of Unauthorized Billing Wise Media and Its CEO to Be Banned From Using Mobile Phone Bills to Charge Consumers The operators of an Atlanta-based company have agreed to settle Federal Trade Commission allegations that they crammed charges on consumers’ cell phone bills without their consent, causing more than $10 million in consumer injury. The two settlements, with  Wise Media and its CEO, Brian M. Buckle y,   and  Winston J. Deloney , permanently ban them from placing any charges on consumers’ telephone bills or assisting anyone else in doing so. The settlements also prohibit them from using any other method to charge consumers for goods or services without ensuring that they are aware of the terms of the purchase and have expressly agreed to be charged.             This case is part of the Commission’s ongoing efforts to ensure that consumer protections  keep pace with developing mobile technologies . “This case involved a new delivery s