The FTC has announced further crackdowns on so-called “robocalls” with a multi-million dollar settlement against one major culprit.
Globex Telecom and an affiliated corporation will pay $1.95 million to settle charges brought by the Federal Trade Commission (FTC) and the State of Ohio.
During the lawsuit, both the State of Ohio and the FTC made allegations that Globex, a Montreal-based VoIP company, illegally facilitated robocalls to US consumers that advertised phony credit card interest rate reduction services.
According to the FTC, a client business known as Educare Centre Services used Globex’s services to place the calls in question. Educare was also charged in the lawsuit along with Globex’s former CEO, Mohammad Souheil, whom the FTC says had control over both Educare and Globex.
The FTC said that the settlement should act as a warning to other companies