Tag Archives: Dollars

Federal Trade Commission Fines Robocallers Millions of Dollars
March 27, 2019 6:08 pm|Comments (0)

The Federal Trade Commission has put four large robocall operations out of business.

The scams have allegedly made billions of calls to people across the U.S. pitching auto warranties, debt-relief services, and home security systems, among others. The FTC said Tuesday those responsible are settling lawsuits with the agency.

Facing legal action are NetDotSolutions, Higher Goals Marketing, Veterans of America, and Pointbreak Media, which the FTC filed complaints against in 2017 and 2018.

“Under the court orders…the defendants are banned from robocalling and most telemarketing activities, including those using an automatic dialer, and will pay significant financial judgments,” the FTC said in the statement. “The defendant in one of these cases provided the software platform that resulted in more than one billion illegal robocalls.”

The fines imposed range from $ 500,000 to $ 3.64 million.

The FTC filed a complaint in June 2018 in federal district court against James “Jamie” Christiano who manages NetDotSolutions.

The complaint said Christiano and NetDotSolutions operated “TelWeb,” which the FTC described as a “computer-based telephone dialing platform that can be used to blast out a large volume of telephone calls‒‒especially robocalls‒‒in a short time.” The technology was allegedly used by robocallers in at least eight other FTC cases. Defendants named in the NetDotSolutions complaint will pay $ 1.35 million.

Pointbreak, for its part, allegedly claimed to be Google in robocalls made to small business owners, and told them their businesses would be listed as “permanently closed” in Google searches. The spam callers then asked for hundreds of dollars from the businesses if they wanted to keep their listing.


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Kanye West Gives Kim Kardashian West Hundreds of Thousands of Dollars Worth of Stock in Five Major Companies
December 27, 2017 6:00 pm|Comments (0)

Kim Kardashian West revealed what husband Kanye West gave her this Christmas: Hundreds of thousands of dollars worth of stock in major companies including Disney, Apple, and Amazon. In an Instagram story—visible to her 105 million followers—shared on Tuesday, the reality TV star and entrepreneur shared how Kanye delivered the stock-ing stuffer.

“So for one of my Christmas presents from Kanye, he gives me this little box with a Disney Mickey toy, Apple headphones, Netflix [and] Amazon gift cards and Adidas socks,” Kardashian says, as her camera pans over the box of gifts. “And I’m like ‘that’s so sweet, thanks!’”

“But then, I open the next box and it is stock to Amazon, where he got the gift cards, stock to Netflix, stock to Apple—hence the little headphones—Adidas stock and Disney stock,” she says in the next installment, revealing stock certificates for the five companies. Kardashian wrote “best husband alert!” as the caption.

While most of the certificates are hidden from the camera, viewers of the Instagram story can see that Kim was gifted 920 Disney (dis) shares, which the certificate says are valued at around $ 100,000. The Instagram story also shows that she was given 995 Adidas (addyy) shares, which would also have a total value of around $ 100,000 at current prices.

Several of these companies saw their stocks soar and crush the broader stock market in 2017. Netflix (nflx) was up 51%, Apple (aapl) 47%, and Amazon (amzn) 57% year-to-date, according to CNBC.


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