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Violation Tracker Individual Record

Company: Diamond Phone Card, Inc.
Penalty: $500,000
Year: 2010
Date: May 20, 2010
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Federal Trade Commission reached its third settlement as part of a recent agency crackdown on fraud in the prepaid calling card industry that has forced companies to pay more than $4 million. The agreement required New York-based Diamond Phone Card, Inc. and its principals to pay $500,000. It also barred them from misleading consumers about the talk time that their calling cards provide, and required them to clearly disclose -- in the same language that they are marketed -- all fees associated with their cards.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.