June 8, 1999 |
A top federal regulator warned the banking industry on Monday that it could face new government restrictions if it doesn't curb the sale of customers' personal financial data to telemarketers. "The persistent failure of the industry itself to address abusive conduct creates a fertile seedbed for legislation," John D. Hawke Jr., comptroller of the currency, said in an unusually forthright speech to bank lending officers in San Francisco.
July 18, 2000 |
California Laser Co., a Van Nuys-based holographic-imaging company that claimed to have an endorsement from actor James Doohan of "Star Trek" fame, has settled fraud charges, regulators said. The Securities and Exchange Commission alleged that California Laser and its founder, Nicholas Geranio, falsely told investors that Doohan endorsed the company. California Laser and Geranio used that claim and high-pressure, boiler-room telemarketing sales to raise more than $2.
April 17, 2009 |
Federal government to DirecTV and Comcast cable: What part of Do Not Call didn't you understand? Satellite television provider DirecTV Inc. agreed to pay $2.31 million to settle charges that it made more than 1 million calls to its customers who had -- as was their right -- placed themselves on a Do Not Call list, the Federal Trade Commission said Thursday. And why did the company make the calls? To ask the customers to remove themselves from the list, the agency said.
CALIFORNIA | LOCAL
October 21, 1995 |
A 32-year-old Huntington Beach man was arrested on suspicion of bilking senior citizens in a telemarketing scheme, authorities said Friday. Investigators received calls last week from several people who said they were told by a representative of U.S. Catalog Exchange in Irvine that they had won from $10,000 to $25,000, Police Sgt. Phil Povey said. To collect the money, the so-called winners were told they must pay a California processing fee, which ranged from $189 to $429, Povey said.
CALIFORNIA | LOCAL
September 10, 1997 |
An employee at a Los Angeles Times telemarketing office fired numerous gunshots at his co-workers Tuesday night, wounding one man and barricading himself in an office where he was later found dead of what authorities believed were self-inflicted gunshot wounds.
December 14, 2005 |
The Federal Trade Commission said Tuesday that DirecTV Group Inc. would pay $5.3 million to settle charges that the satellite television operator had violated the FTC's rule against calling people who have asked not to receive sales calls. The FTC said it was the largest civil penalty the agency had ever announced in a case enforcing a consumer protection law.