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How an Oil Baron's Heir Cleaned Up a $1.4 Billion Internet Scam
2:00PM 3/10/2011
For the past decade, a few clever companies have been running an online scheme that tricked consumers into joining so-called membership clubs and charged their credit cards without their consent. But thanks to Sen. John Rockefeller, the era of this $1.4 billion con is coming to an end.
New Law Good News for Online Shoppers Bilked by Mystery Charges
12:00PM 1/07/2011
Online marketing firms that bilked millions of consumers out of more than $1 billion will find it far harder to pick the pockets of online shoppers thanks to a new law passed by Congress.
For years, millions of consumers have been opening their credit card statements and discovering small,...
We've looked at Webloyalty and Vertrue, two of the three companies under investigation by the U.S. Senate Commerce Committee after thousands of complaints about their billing and privacy practices. Now we take a look at the third, Affinion, of Norwalk, Conn.
You may have encountered Affinion...
Vertrue distancing itself from loyalty marketing?
3:00PM 9/24/2009
Last week we looked at Webloyalty's steps to address the flood of consumer complaints that helped trigger a Senate Commerce Committee investigation in May. This week we'll look at Vertrue, subpoenaed by the committee in late July when it didn't comply with Sen. Jay Rockefeller's (D-W. Va.) request...
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