Tag: fraud
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SCOTUS reduces FTC authority on ill-gotten gains
In a unanimous decision that made acting FTC chairwoman Rebecca Kelly Slaughter furious, the U.S. Supreme Court ruled that a provision the FTC has been relying on to recover ill-gotten gains does not actually give the agency that authority. This reversed a nearly $1.3 billion award against a professional race car driver. The Associated Press…
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Real Housewives star pleads not guilty to fraud
Jennifer Shah, a famous cast member from “The Real Housewives of Salt Lake City” reality show has pleaded not guilty to charges of ripping off hundreds of elderly people in a telemarketing fraud scheme. Her assistant on the show, Stuart Smith, also pleaded guilty. The Associated Press has the story: Jennifer Shah of “The Real…