Tag Archives: Restitution

SCOTUS Opinion: Federal Trade Commission Act Does Not Permit Awards Of Monetary Relief

In AMG Capital Management, LLC v. FTC, the Federal Trade Commission sued Scott Tucker and his companies for deceptive payday lending practices in violation of the Federal Trade Commission Act. The district court granted an injunction to stop further such practices, and also invoked Section 13(b) of the Act to order Tucker to pay $1.27 billion in restitution and disgorgement ... Read More

Private Investigations Not Compensated Under Mandatory Victims Restitution Act

The Mandatory Victims Restitution Act of 1996 requires defendants convicted of certain federal offenses to reimburse victims for “lost income and necessary child care, transportation, and other expenses incurred during participation in the investigation or prosecution of the offense or attendance at proceedings related to the offense.” 18 U.S.C. sec. 3663A(b)(4). When Sergio Lagos defrauded a lender for tens of ... Read More