ParTech will unveil its new PAR EverServ 6000 LP (Low Profile) POS terminal at the National Restaurant Association Show, May 22 through May 25 at McCormick Place in Chicago. The “PAR EverServ 6000 LP” system packages the durability, flexibility, scalability and performance of ParTech’s “EverServ POS” hardware line for image-conscious restaurant operators. In addition to introducing its new POS, PAR will be demonstrating its complete portfolio of PAR EverServ solutions, which include PAR EverServ Hardware (EverServ 2000 economical POS terminal, the EverServ 6000 rugged POS terminal and the EverServ Kiosk 6000 self-service kiosk); PAR EverServ POS Software (Quick Service Restaurant (QSR) POS software, Table service restaurant POS software, and Mobile POS ordering module of EverServ POS TSR and PAR EverServ(integration services, implementation services, hardware maintenance services, professional services and help desk services).
The FTC has filed a complaint in federal court against
Low Pay, Inc.d/b/a as LPC Inc., lowpaycard.com, and mylpcard.com; LP
Capital Holdings, Inc.; Century Luxury, Inc.; the
Mardan Afrasiabi Living Trust; Mardan M. Afrasiabi; and Ramin Rahimi.
alleging that their catalog credit card operation deceptively marketed
The defendants are charged with violating the FTC Act and the FTCâs
Telemarketing Sales Rule (TSR) by falsely representing that the card
could be used to
fully finance purchases; that it would provide access to a no-fee, low
guaranteed cash advance benefit; and that consumers could improve their
credit ratings by using the card. They also failed to disclose that they
debit from consumersâ bank accounts the advance fees, a non-refundable
and 30% of a productâs price plus shipping costs. In addition, the
defendants falsely claimed that they would refund the $120 activation
consumers who returned the card and catalog in timely fashion. The
allegedly violated the TSR by charging an advance fee for a guaranteed
The FTC sent out refund checks last week to consumers who
allegedly had been defrauded by Integrity Financial Enterprises over a catalog credit card. The checks average more than $200, which covered more than 85% of their losses. However, the checks must be cashed within 60 days. In 2008, the FTC sued Integrity Financial Enterprises, a/k/a Infinite Financial and National Benefits Exchange, alleging that they promised consumers a “credit card” that could be used like a Visa or MasterCard for an up-front fee of $200 to $300, but which actually could be used only to buy products from the defendantsâ Web site or catalog.
Integrity was sued following the nationwide “Operation Tele-PHONEY” law enforcement sweep in May 2008. A monetary judgment of more than $2.4 million was imposed on Integrity.
A U.S. district court judge has imposed a telemarketing ban on a
Canadian operation targeting U.S. consumers with a permanent injunction
that puts the defendants out of business and bars them from
misrepresenting affiliation with consumers’ credit card companies.
Promising false claims of reducing credit card interest rates, the
defendants are also restricted from making claims of having the
resources to reduce consumers’ credit card interest rates and have been
ordered to pay more than $7.8 million. These motions are in response to
FTC allegations the telemarketing operation defrauded about 12,000
consumers out of more than $7.8 million between 2005 and 2007 through
false claims of credit card debt reduction of at least $2,500,
specifically with individual charges $675 plus $20 shipping for
promotional materials. In fact, alleges the FTC, operators of the scam
did little more than orchestrate three-way telephone calls with
consumers and their credit card companies to request lower rates, which
were typically were denied.
The FTC has imposed a telemarketing ban on an Ontario firm that made false claims that it could reduce credit card interest rates for U.S. consumers. According to the FTCâs complaint, the telemarketing operation defrauded about 12,000 consumers out of more than $7.8 million between 2005 and 2007 by falsely claiming that it could substantially reduce consumersâ existing credit card interest rates and save them thousands of dollars in interest and finance charges. The defendants stated or implied–falsely–that they were affiliated with consumersâ credit card companies. For $675 plus $20 for shipping and handling, the complaint alleges, the defendants sent consumers promotional materials with promises to substantially reduce their interest rates, and a “financial profile form” for them to complete and mail back. The complaint alleged that the defendants promised to reduce the interest charged on credit cards to rates between 4.75% and 9.00%. The court ordered the defendants to pay more than $7.8 million.
The FTC reports it has settled the second of 13 complaints
brought as part of the multi-agency law enforcement sweep in May 2008
against deceptive telemarketers and the companies they operated
throughout the USA. The “Operation Tele-PHONEY” sweep encompassed more
than 180 cases that included both civil and criminal actions
in the U.S. and Canada. The first “Tele-PHONEY” settlement came in
September, when the agency secured a court order requiring another
advance-fee telemarketer to turn over $1 million for consumer
redress. In the latest settlement Florida-based Integrity Financial
Enterprises and National Benefit Exchange allegedly deceptively marketed
advance-fee credit cards to consumers nationwide. The defendants charged
consumers who accepted the cards an up-front fee of between $200 and
$300, and promised them they would receive a credit card with a credit
limit of $2,500 to $7,500, as well as a $1,000 cash advance limit.
A court order imposed a monetary judgment of more than $2.4 million
against the two firms in the second “Tele-PHONEY” settlement.
Under “Do Not Call” amendments adopted in August, effective this week, any permitted prerecorded message must provide the called consumer with an interactive means to opt out of receiving future calls from the seller or fundraiser using the prerecorded message. Moreover, the consumer must be able to opt out at any time while the message is playing by pressing a particular number or speaking a particular word. Once the consumer has opted out, his or her phone number must be automatically added to the in-house “Do Not Call” list of the calling seller or fundraiser. Then the call immediately must be disconnected so that the consumerâs line is cleared. The automated opt-out requirement is the first of two measures provided by the recent TSR amendment to protect consumersâ privacy at home. The second measure prohibits telemarketing calls that deliver prerecorded messages to anyone who has not agreed in advance to receive such calls. But until September 1, 2009, sellers may continue to use prerecorded messages in calling consumers with whom they have an established business relationship. After that date, sellers may use prerecorded messages only in calls to consumers who have expressly agreed in advance to receive them.
The Federal Trade Commission announced a court order that will
force FL-based Financial Advisors and Associates to pay $1 million in redress to defrauded consumers.
In May 2008, as part of the joint federal, state, and local âOperation
Tele-PHONEYâ law enforcement sweep, the Commission charged Financial
Advisors & Associates Inc. and its principal James Sweet, doing business
as Freedom Financial, with fraudulently telemarketing consumers in an
attempt to sell them advance-fee âcredit cards.â According to the FTC,
Freedom Financial called consumers pitching an
advance-fee âcredit cardâ that could be used just like a traditional
Visa or MasterCard, but which in reality only could be used to buy goods
from Freedom Financialâs own catalog or Web site. Before receiving the
cards, consumers had to pay 10 percent of the âcredit lineâ as a down
payment â typically between $200 and $300 â that was debited from the
consumersâ bank accounts. The defendants also told consumers that they
would repair consumersâ credit scores by reporting payment histories to
the major credit bureaus, but never did so.
The FTC and seven state attorneys general have charged a payment processor with illegal activity involving debiting consumers’ bank accounts on behalf of numerous fraudulent telemarketers and Internet-based merchants. The defendants, collectively known as YMA, allegedly processed more than $200 million in debits and attempted debits to consumers’ bank accounts between June 23, 2004 and March 31, 2006 and more than $69 million of the attempted debits were returned or rejected by consumers or their banks for lack of consumer authorization. Named as defendants in the complaint are Your Money Access d/b/a Netchex, Universal Payment Solutions, Check Recovery Systems, Nterglobal Payment Solutions, Subscription Services; and YMA Company. Participating state AGs include Illinois, Iowa, Nevada, North Carolina, North Dakota, Ohio, and Vermont.
A federal district court has ordered a group of Canadians to pay nearly $10 million in consumer redress for a fraudulent credit card advance-fee telemarketing scheme. According to the FTC, Centurion Financial Benefits used outbound telemarketing to contact consumers in the U.S., falsely offering MasterCard and VISA to people who agreed to have their bank accounts debited for an advance fee of $249. The defendants typically claimed that the credit cards would have a $2,000 credit limit, zero percent interest, and no annual fees, and often targeted their offers at consumers with poor credit histories. Consumers who provided their bank account information did not receive a major credit card, but instead were sent an application for either a stored value card or cash card.
Credit Foundation of America and its related individuals have agreed to pay nearly $1 million in consumer redress and civil penalties to settle FTC charges that they made false claims about their debt management program and violated the “Do Not Call Rule” . The settlement orders prohibit the defendants from making false claims about debt management or credit counseling programs and from engaging in abusive telemarketing practices. The defendants also agreed to standard compliance and reporting provisions that enable the FTC to monitor future compliance with the orders.
The FTC has settled with a Canadian advanced-fee credit card operation that operated under the name “3R.” Under the settlement, they will pay full redress to consumers, totaling $1.85 million, and stop their illegal practices, including falsely promising consumers a “guaranteed” low-interest credit card for an advance fee, calling people whose telephone numbers are registered on the National Do Not Call (DNC) Registry, and failing to pay the required annual fee to access DNC-listed numbers.