Shows & Panels
- Accelerate and Streamline for Better Customer Service
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Client Virtualization Solutions
- Data Protection in a Virtual World
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Feds in the Cloud
- Health IT: A Policy Change Agent
- Improving Healthcare Outcomes through IT Policy
- IT Innovation in the New Era of Government
- Making Dollars And Sense Out of Data Center Consolidation
- Navigating the Private Cloud
- One Step to the Cloud, Two Steps Toward Innovation
- Path to FDCCI Compliance
- Take Command of Your Mobility Initiative
- Veterans in Private Sector: Making the Transition
Shows & Panels
FTC: Seller of bogus 9/11 coins to pay $750,000
Saturday - 1/19/2013, 7:40pm EST
NEW YORK (AP) - A company that sold Sept. 11 commemorative coins supposedly containing silver from ground zero has agreed to pay $750,000 to settle charges that it deceived consumers.
The Federal Trade Commission says Port Chester, N.Y.-based National Collector's Mint charged customers for items they never ordered and failed to identify its wares as imitations.
A law passed in 2010 created an official Sept. 11 medal to benefit the museum being built at the World Trade Center site.
New York Sen. Charles Schumer and Rep. Jerrold Nadler complained the National Collector's Mint's coins could deprive the museum of funds.
The FTC said in a release Thursday the agreement bars National Mint from misrepresenting its products.
Schumer said Saturday that the nation will not tolerate a "despicable scam."
The company's attorney didn't immediately return a phone message Saturday.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)