FTC Stops Robocalls From Cos. Facing $30M In Fraud Claims

Law360, New York (November 1, 2012, 4:19 PM EDT) -- The Federal Trade Commission on Thursday announced that it secured federal court orders temporarily shuttering five robocall operations which allegedly used phony claims about reducing credit card interest rates to defraud more than 30,000 consumers of at least $30 million.

The injunctions were handed down in five actions brought by the FTC over the last two weeks in Florida and Arizona federal courts accusing several companies, including A+ Financial Center LLC and The Green Savers LLC of making millions of unsolicited deceptive phone calls from a recorded voice often claiming to be someone named Rachel from Cardholder Services

"At the FTC,...

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