Spurning other statutes that explicitly guide how the agency can recoup money, the Federal...

Payday Fraudster Slams FTC Claw-Back Powers Against the High Court Ropes – Courthouse News Service

Spurning other statutes that explicitly guide how the agency can recoup money, the Federal Trade Commission has leaned on its injunctive-relief powers to return almost $1 billion to consumers over the last three years. (AP Photo/Alex Brandon, File) WASHINGTON (CN) — A professional racecar driver given a 16-year prison sentence for running payday lending schemes fought at the Supreme Court on Wednesday to upend a $1.27 billion restitution order. It was a Las Vegas federal judge who awarded the Federal …


 


 

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