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FTC Wins Huge $7.5 Million Penalty Against "Do Not Call" List Violator

Posted by samzenpus on from the pay-up dept.

coondoggie writes "The Federal Trade Commission today said it has won a $7.5 million civil penalty – the largest ever — against Mortgage Investors Corporation, one of the nation's biggest refinancers of veterans' home loans for allegedly violating 'Do Not Call' requirements. According to the FTC’s complaint, Mortgage Investors Corporation called consumers on the Federal Trade Commission’s National Do Not Call Registry, failed to remove consumers from its company call list upon demand, and misstated the terms of available loan products during telemarketing calls."

2 of 136 comments (clear)

  1. Re:I guess it was worth it then... by symbolset · · Score: 0, Offtopic

    I used to deal with guys like you every day and not only could you not remember that you gave me permission to call you - you asked me to. And then when I called you got all twitchy. If you want penalties for unsolicited callers, put in a mirror of the same penalties for the "plaintiff" of solicited callers unfairly accused. That way we can shut down all business everywhere all at once for lack of trust.

    --
    Help stamp out iliturcy.
  2. Re:I guess it was worth it then... by nukenerd · · Score: 1, Offtopic

    I'm not some list monger. If I called you then we met in person, were properly introduced, discussed some matter you expressed interest in having more info about and you shared your number for that purpose.

    That type of call is not the subject of this discussion. Someone mod this guy "off topic" please.