BlueHippo Funding

Valmont Board Declares Quarterly Dividend

Retrieved on:

Monday, June 7, 2021

Engineering, Agriculture, Natural Resources, Manufacturing, Articles, Economy, Corporate crime, Federal Trade Commission, Rent-to-own, Business, Online shopping, BlueHippo Funding, ILD Teleservices

Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced that its Board of Directors has declared a quarterly dividend of $0.50 cents per share payable on July 15, 2021 to shareholders of record on June 25, 2021.

Key Points:

Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced that its Board of Directors has declared a quarterly dividend of $0.50 cents per share payable on July 15, 2021 to shareholders of record on June 25, 2021.
The dividend indicates an annual rate of $2.00 per share.
Valmont is a global leader, designing and manufacturing highly engineered products and services that support global infrastructure development and agricultural productivity.
In addition, Valmont provides coatings services that protect against corrosion and improve the service life of steel and other metal products.

FTC Sends More than $1.7 Million in Refunds to People who Lost Money to Student Loan Debt Relief Scam

Retrieved on:

Wednesday, February 10, 2021

Corporate crime, Federal Trade Commission, Economy, Refund anticipation loan, Government, BlueHippo Funding

The Federal Trade Commission is sending more than $1.7 million to people who lost money to a debt relief scheme that targeted individuals trying to pay down their student loan debt.

Key Points:

The Federal Trade Commission is sending more than $1.7 million to people who lost money to a debt relief scheme that targeted individuals trying to pay down their student loan debt.
In reality, the operators of the scheme pocketed peoples money and responded to consumer complaints by changing the name of their company rather than their business practices.
The FTC never requires people to pay money or provide account information to get a refund payment or to cash a refund check.
In 2020, FTC actions led to $483 million in refunds to consumers across the country.

FTC Sends More than $1.7 Million in Refunds to People who Lost Money to Student Loan Debt Relief Scam

Retrieved on:

Wednesday, February 10, 2021

Corporate crime, Federal Trade Commission, Economy, Refund anticipation loan, Government, BlueHippo Funding

The Federal Trade Commission is sending more than $1.7 million to people who lost money to a debt relief scheme that targeted individuals trying to pay down their student loan debt.

Key Points:

The Federal Trade Commission is sending more than $1.7 million to people who lost money to a debt relief scheme that targeted individuals trying to pay down their student loan debt.
In reality, the operators of the scheme pocketed peoples money and responded to consumer complaints by changing the name of their company rather than their business practices.
The FTC never requires people to pay money or provide account information to get a refund payment or to cash a refund check.
In 2020, FTC actions led to $483 million in refunds to consumers across the country.

NutraClick LLC to Pay $1.04 Million and Agree to Negative Option Marketing Ban To Settle FTC Allegations That it Violated 2016 Court Order

Retrieved on:

Tuesday, September 22, 2020

Corporate crime, Federal Trade Commission, Economy, Articles, HeightMax, Government, BlueHippo Funding

Boston-based supplement marketer NutraClick LLC and its two officers have agreed to pay $1.04 million and be banned from negative option marketing in order to settle Federal Trade Commission allegations that the companys deceptive sales and billing practices violated federal law and a 2016 federal court order from a prior FTC case.

Key Points:

Boston-based supplement marketer NutraClick LLC and its two officers have agreed to pay $1.04 million and be banned from negative option marketing in order to settle Federal Trade Commission allegations that the companys deceptive sales and billing practices violated federal law and a 2016 federal court order from a prior FTC case.
The $1.04 million that the defendants will pay under the settlement represents 100 percent of the consumer harm they caused, as well as the total revenue made through their allegedly deceptive conduct.
The FTC may use it to provide refunds to consumers billed by NutraClick on the last day of the trial period.
The complaint and proposed orders were filed in the U.S. District Court for Central District of California.

NutraClick LLC to Pay $1.04 Million and Agree to Negative Option Marketing Ban To Settle FTC Allegations That it Violated 2016 Court Order

Retrieved on:

Tuesday, September 22, 2020

Corporate crime, Federal Trade Commission, Economy, Articles, HeightMax, Government, BlueHippo Funding

Boston-based supplement marketer NutraClick LLC and its two officers have agreed to pay $1.04 million and be banned from negative option marketing in order to settle Federal Trade Commission allegations that the companys deceptive sales and billing practices violated federal law and a 2016 federal court order from a prior FTC case.

Key Points:

Boston-based supplement marketer NutraClick LLC and its two officers have agreed to pay $1.04 million and be banned from negative option marketing in order to settle Federal Trade Commission allegations that the companys deceptive sales and billing practices violated federal law and a 2016 federal court order from a prior FTC case.
The $1.04 million that the defendants will pay under the settlement represents 100 percent of the consumer harm they caused, as well as the total revenue made through their allegedly deceptive conduct.
The FTC may use it to provide refunds to consumers billed by NutraClick on the last day of the trial period.
The complaint and proposed orders were filed in the U.S. District Court for Central District of California.

FTC to law violators: Don’t bank on bankruptcy

Retrieved on:

Tuesday, February 19, 2019

BlueHippo Funding

The FTC sued BlueHippo for a host of illegal practices, many related to the companys refund policies.

Key Points:

The FTC sued BlueHippo for a host of illegal practices, many related to the companys refund policies.
According to the FTC, rather than giving consumers their money back, BlueHippo purported to offer store credit, but failed to disclose that major strings were attached.
Mr. Rensin refused to pay the contempt judgment, and according to the FTC, he tried to evade it by filing for bankruptcy.
The FTC disagreed, citing a provision in the law that a debt is not discharged to the extent obtained by .

FTC Wins Key Ruling Allowing Agency to Continue Efforts to Hold Operator of Deceptive Computer Financing Scheme Accountable

Retrieved on:

Friday, February 1, 2019

BlueHippo Funding

A federal court in 2016 found BlueHippo Funding LLC, BlueHippo Capital LLC and former CEO Joseph Rensin in contempt for operating a deceptive computer financing scheme in violation of a federal court order.

Key Points:

A federal court in 2016 found BlueHippo Funding LLC, BlueHippo Capital LLC and former CEO Joseph Rensin in contempt for operating a deceptive computer financing scheme in violation of a federal court order.
As a result, the court entered a $13.4 million judgment against Rensin for the harm consumers suffered related to the scheme.
After Rensin refused to pay the $13.4 million contempt judgment, the FTC in 2017 sought to have Rensin jailed until he paid the amount he owed.
This latest ruling will allow the FTC to proceed with recovering money for cheated consumers.

FTC Wins Key Ruling Allowing Agency to Continue Efforts to Hold Operator of Deceptive Computer Financing Scheme Accountable

Retrieved on:

Friday, February 1, 2019

BlueHippo Funding

A federal court in 2016 found BlueHippo Funding LLC, BlueHippo Capital LLC and former CEO Joseph Rensin in contempt for operating a deceptive computer financing scheme in violation of a federal court order.

Key Points:

A federal court in 2016 found BlueHippo Funding LLC, BlueHippo Capital LLC and former CEO Joseph Rensin in contempt for operating a deceptive computer financing scheme in violation of a federal court order.
As a result, the court entered a $13.4 million judgment against Rensin for the harm consumers suffered related to the scheme.
After Rensin refused to pay the $13.4 million contempt judgment, the FTC in 2017 sought to have Rensin jailed until he paid the amount he owed.
This latest ruling will allow the FTC to proceed with recovering money for cheated consumers.