by Associated Press Published: October 5,2011
Tags: automobile dealers, automobile dealerships, automobiles, Cars, consumer protection, courts, embezzlement, sentencing, trucks, vans, vehicles
OCEAN SPRINGS — A Coast businessman has been sentenced for embezzlement and must pay full restitution to his victims, according to Attorney General Jim Hood.
Rusty Lee Keenum, 37, of Ocean Springs, appeared before Judge John C. Gargiulo and pleaded guilty to two counts of embezzlement.
The judge sentenced Keenum to six years in the custody of [...] [...]
WASHINGTON — President Barack Obama is naming Elizabeth Warren a special adviser to oversee creation of a new consumer protection bureau, dodging a fight with Senate Republicans who view her as too critical of Wall Street to be confirmed as the agency’s chief.
Obama had spoken glowingly of Warren as a possible leader of the bureau, [...] [...]
WASHINGTON — Seventy-eight companies nationwide have received Federal Trade Commission (FTC) letters warning that they may be breaking the law by selling clothing and other textile products that are labeled and advertised as “bamboo,” but actually are made of manufactured rayon fiber. The letters, which the agency’s staff sent last week, make the retailers aware [...] [...]
WASHINGTON — The Federal Trade Commission (FTC) has moved to protect distressed homeowners from the promoters of bogus foreclosure rescue and mortgage modification services by proposing a new rule that would forbid companies to charge up-front for these services. Instead, companies could only collect payment after providing services.
According to the Notice of Proposed Rulemaking announced [...] [...]
WASHINGTON — In an effort to improve the safety of recreational off-highway vehicles (ROVs) and reduce the number of deaths and serious injuries nationwide, the U.S. Consumer Product Safety Commission (CPSC) voted to publish an advance notice of proposed rulemaking (ANPR) to address safety hazards associated with vehicle ROVs.
CPSC staff’s preliminary evaluations indicated that the [...] [...]