Here’s yet another case in which the FTC teamed up with a BBB office to go after a company generating lots of consumer complaints. I’ve heard through my counsel that the FTC and AGs are starting to surf Rip Off Report and BBB sites to find businesses to target…here’s the latest evidence of that.
FTC vs. Interest Rate Reduction Scams
If you’re unconcerned about your little product or site generating BBB complaints, it might be time to re-evaluate. AGs and the FTC need to generate revenue in order to operate, and in these tough economic times you just might find yourself the target of some scrutiny.
Disclaimer: I am not a lawyer and this should not be construed as legal advice. If you are concerned you should hire a lawyer and get their opinion.