The Federal Trade Commission has released the Consumer Sentinel Network Data Book, its annual report of complaints filed with the FTC and other state organizations. The report tracks consumer complaints by categories such as fraud, identity theft, and other. Fraud complaints span 30 different categories, including debt collection, bank/lending services, prizes/sweepstakes/lotteries, impostor scams, shop-at-home and … Continue Reading
U.S. Bank removed a putative class action complaint filed by an online merchant named Paintball Punks to U.S. District Court in Minneapolis on December 6. The complaint (Paintball v USBank.pdf) alleges that Paintball Punks suffered chargeback losses of $11,259.91 from nine transactions that were fraudulently billed to U.S. Bank-issued credit cards as a result of U.S. Bank’s failure to “remedy known … Continue Reading
