Federal Trade Commission v. CardFlex, Inc. et al

  1. May 15, 2026

    Payments Co. Cliq Must Pay $6.5M For Violating FTC Deal

    A Nevada federal judge has directed Cliq Inc. and its executives to pay a $6.5 million sanction over the Federal Trade Commission's claims the payment processor violated the terms of a 2015 settlement by continuing to work with high-risk merchants that allegedly defrauded customers.

  2. January 14, 2026

    FTC Says Payments Co. Should Pay $53M For Violating Deal

    The Federal Trade Commission has asked a Nevada federal judge to order a payment processor and two of its executives to pay over $52.9 million for consumer relief after allegedly violating terms of its 2015 settlement of the regulator's claims it willfully facilitated payments for bad actors.

  3. May 06, 2015

    FTC Settles With Middleman In $26M Credit Card Fraud Plot

    A Nevada federal judge on Tuesday signed off on a credit-card payment intermediary's settlement of Federal Trade Commission claims over its involvement in a $26 million credit-card scheme, a deal that would see its executives forfeit at least $1.2 million in assets and bar them for life from offering some fiduciary services.

  4. July 30, 2014

    FTC Says Credit Card Middlemen Enabled $26M IWorks Fraud

    The Federal Trade Commission on Wednesday accused the middlemen responsible for connecting merchants with credit card payment processors of helping a scammer take some $26 million from consumer credit card accounts, according to a lawsuit filed in Nevada federal court.