Latest Consumer fraud News

House panel calls for cryptocurrency fraud oversight

Aug. 30, 2022 17:17 PM EDT

WASHINGTON (AP) — A House oversight subcommittee asked regulators and industry leaders on Tuesday to explain what they are doing to stop cryptocurrency fraud and other scams perpetrated on consumers. Illinois Rep. Raja Krishnamoorthi, head of the Economic and Consumer Policy...

Rent-A-Center settles alleged California overpricing dispute

Aug. 02, 2022 18:07 PM EDT

SACRAMENTO, Calif. (AP) — Rent-A-Center, one of the nation’s largest rent-to-own companies, will pay $15.5 million to settle California's allegations that it misled and overcharged tens of thousands of customers, Attorney General Rob Bonta said Tuesday. An investigation of the...

Dutch airline KLM sued over alleged 'greenwashing'

Jul. 06, 2022 11:24 AM EDT

AMSTERDAM (AP) — Several environmental groups have launched legal action against Dutch airline KLM over advertisements that promoted flying as a sustainable form of travel. Netherlands based campaigners Fossielvrij NL, supported by Reclame Fossielvrij and environmental lawyers from...