- FTC: Vemma temporarily shut down for running pyramid scheme Updated: Aug-26-15 2:52 pm
NEW YORK - The Federal Trade Commission said Wednesday that Vemma Nutrition has been temporarily shut down for operating a pyramid scheme that promised college students riches if they sold its nutritional drinks, but most ended up losing money.
- Leahy praises new Federal Trade Commission policy Updated: Aug-17-15 4:05 am
MONTPELIER, Vermont - Vermont U.S. Sen. Patrick Leahy is praising a policy statement from the Federal Trade Commission that codifies some of its consumer protection efforts.
- FTC investigating online college University of Phoenix Updated: Jul-29-15 6:20 pm
WASHINGTON - The University of Phoenix, which runs an online college popular among military veterans, is under federal investigation for possible deceptive or unfair business practices, its parent company the Apollo Education Group told shareholders Wednesday.