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Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
The Washington Post submitted a complaint against Coler's registration of the site with GoDaddy under the UDRP, and in 2015, an arbitral panel ruled that Coler's registration of the domain name was a form of bad-faith cybersquatting (specifically, typosquatting), "through a website that competes with Complainant through the use of fake news ...
In just a few weeks, new federal regulations will go into effect that will put an end to a particularly unscrupulous kind of debt settlement scam. But amid the countdown to the stricter rules ...
Whether your bank refunds money lost in a scam depends on several factors: the type of scam, how you sent the funds, the bank’s policies and if you authorized the transaction. Learn more in our ...
The "ghost cattle" or "ghost herd" fraud was a scheme perpetrated by Cody Easterday, a rancher in Mesa, Washington, to charge Tyson Foods for more than 200,000 cattle that did not exist. From 2016 until 2020, when Tyson discovered the missing cattle, Easterday submitted invoices totalling more than $200 million.
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[11] As a basis for the damages sought in the lawsuit, the plaintiffs noted that cattle futures dropped 10 percent the day after the episode, and that beef prices fell from 62 cents to 55 cents per pound. [12] Engler's attorneys argued that the rancher lost $6.7 million, and the plaintiffs sought to recoup total losses of more than $12 million ...
1. Phishing Scams. This is a common scam, but if you're trying to snap up a rare buy, you might not be paying attention to the warning signs. First, a spoofed account that looks like it’s coming ...