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“By continuing the process of inflation, governments can confiscate secretly and unobserved an important part of the wealth of their citizens.” – John Maynard Keynes, writing about the effects of a seemingly small amount of inflation every year.

FTC Fines Four Operations Responsible For Billions of Illegal Robocalls

I hadn’t thought about this issue until I read that four companies that made billions of illegal robocalls have now been caught and fined. I don’t think my phone has received a robotic robocall for the past several days. (I never answer calls from phone numbers I don’t recognize. If the caller hangs up without leaving a voice message I assume it was a marketing caller, probably a robo-caller.)

The Federal Trade Commission on Tuesday said the agency reached settlements with four operations responsible for billions of illegal robocalls pitching debt-relief services, home security systems, fake charities, auto warranties and Google search results services. The companies were charged with violating the FTC Act, as well as the agency’s Telemarketing Sales Rule and its Do Not Call provisions.

“We have brought dozens of cases targeting illegal robocalls, and fighting unwanted calls remains one of our highest priorities,” said Andrew Smith, director of the Bureau of Consumer Protection at the FTC, in a release. “We also have great advice on call-blocking services and how to reduce unwanted calls at [our website.]” The settlements come as the agency focuses on combating illegal robocalls. The four companies, NetDotSolutions, Higher Goals Marketing, Veterans of America and Pointbreak Media, are banned by court orders from robocalling and most telemarketing activities, according to the FTC’s release.

You can read more on the FTC’s web site at: http://bit.ly/2UftsWY.

Categories: Legal Affairs, News & Current Events, Telephone Security

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