The U.S. District Court for the Eastern District of Pennsylvania recently entered a judgment against a telemarketing corporation, NHS Systems, Inc., and five principals, for violating the Federal Trade Commission (FTC) Act and associated enforcement regulations, laid out in the FTC’s Telemarketing Sales Rule (TSR). The defendants were accused of operating a telemarketing campaign, in […]
FTC Secures Huge Telemarketing Judgment Read More »
New Regulations Coming for Payday Lenders According to multiple sources, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency are expected to issue new guidelines this week governing certain aspects of short term loans (also referred to as “payday loans” and “cash advances”), as well as the way that
New Rules for Payday Lenders Read More »
In a previous post, we detailed the recent developments involving Nevada’s law authorizing interstate poker compacts with partnering states. In another unprecedented first, it appears that Nevada may allow fantasy sports players to pool their resources and bet collectively. Details of Nevada Senate Bill 346 Last week, Nevada Senate Bill 346 was introduced to the
Fantasy Sports Pool Betting May Soon Be Legal in Nevada Read More »
Following the lead of Delaware, New Jersey, Nevada, Illinois, New York, California, Massachusetts and several other states, today the Pennsylvania legislature introduced House Bill 1235, which would effectively legalize online gambling within the Commonwealth’s borders. The online gambling bill has already been assigned to a legislative committee, which will soon determine if the bill will
Expansive Online Gambling Bill Introduced in Pennsylvania Read More »
Today the Massachusetts legislature attached an addendum to its 2014 fiscal year budget proposal calling for the legalization and regulation of online poker. The addendum was sponsored by no less than 18 Massachusetts State Representatives and, like the law passed in Nevada, will be limited only to online poker. Other Internet gambling games, such as
Massachusetts to Allow Online Poker? Read More »
FTC Cramming Charges As part of the increased regulatory focus on the mobile marketing space, the Federal Trade Commission (FTC) brought suit against Wise Media, LLC, Brian M. Buckley and William J. Deloney, alleging mobile telephone bill “cramming” in violation of the FTC Act and other applicable laws. “Cramming” is the act of placing unauthorized
FTC Cramming Charges on Mobile Bills Read More »
The distinction between multi-level marketing programs vs. pyramid schemes may seem slight to the casual observer, but the subtle difference between the two will determine if your company is engaging in an illegal activity or not. Pyramid Schemes vs. Multi-Level Marketing Programs Most pyramid schemes require that participants pay money in return for two things:
Multi-Level Marketing Programs Vs. Pyramid Schemes Read More »
The United States Department of Justice (DOJ) has unsealed indictments against 34 individuals and 23 companies that, allegedly, have been associated with Legendz Sports – an online sports betting operation. According to the indictment, certain aspects of the operation were based out of Panama and Costa Rica, but the websites in question were offering telephone-based
Indictments for Major Online Sports Betting Operation Read More »