coondoggie writes "Three companies that placed more than $30 million in bogus collect call charges on consumers' telephone bills today have agreed to pay $1.9 million for consumer redress in a settlement with the Federal Trade Commission. The three companies — BSG Clearing Solutions North America, ACI Billing Services, and Billing Concepts — control more than 85% of the billing aggregation market, in which aggregators contract with local telephone companies to bill on behalf of third parties, the FTC said. The $1.9 million restitution agreement is in addition to the almost $35 million the FTC is collecting from the person the FTC considers the ringleader of this scam, Willoughby Farr of Nationwide Connections. The aggregators worked hand-in-hand with Nationwide, the FTC said. Farr earlier this month agreed to a lifetime ban as part of a federal court order settling FTC charges that he directed a massive unauthorized the billing scam for more than two and a half years.
http://www.networkworld.com/community/node/26007" Link to Original Source
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