The person in charge of protecting consumers at the FTC, David Vladeck, is on his way back to the world of academia. Among his actions as Director of the FTC’s Bureau of Consumer Protection was smacking down national advertisers for making false claims about their products or services.
The current Deputy Director, Charles A. Harwood, will serve as Acting Director.
In the depressed economy, the FTC under Vladeck has targeted in particular scammers who prey on distressed consumers looking for debt or mortgage relief, employment, health related benefits or participation in non-existent government programs.
Much of the fraud addressed under Vladeck involved the internet.
But FTC added, “The agency also took action against several national advertisers for allegedly making overhyped claims and obtained settlements providing refunds to consumers who purchased the products.”
“David has been an extraordinarily effective advocate for American consumers. Under his leadership, the Bureau of Consumer Protection has worked tirelessly to respond to, and to anticipate, the risks consumers face in a rapidly changing marketplace,” FTC Chairman Jon Leibowitz said. “We are very fortunate that Chuck Harwood will serve as Acting Director. Chuck’s experience, insight, and leadership will ensure continued excellence in the Bureau going forward.”
Vladeck is headed back to the Georgetown University Law Center.