Headline:
Federal Court Holds Payment Processor Cliq in Contempt for Violating FTC Order
Summary:
This lead was identified from FTC Consumer Protection Press Releases. It has been saved for accountability coverage and should be reviewed against the original source before expansion.
What the record says:
The source headline is: Federal Court Holds Payment Processor Cliq in Contempt for Violating FTC Order. The source summary says: At the request of the Federal Trade Commission, a federal judge ordered Cliq Inc., a payment processing company, and its operators to pay $6.5 million in sanctions for violating a 2015 federal court order designed to prevent the company from enabling consumer fraud.On May 13, 2026, the U.S. District Court in Nevada entered the order finding Cliq Inc, formerly known as Cardflex Inc., along with executives Andrew Phillips and John Blaugrund in civil contempt for multiple violations of the 2015 order. The court determined the defendants violated multiple core provisions of the 2015 federal court order by facilitating fraud on behalf of several scammers.“It is a Commission priority to root out fraud in the payments system,” said Christopher Mufarrige, Director of the FTC’s Bureau of Consumer Protection. “I am pleased the court held Cliq, Andrew Phillips and John Blaugrund accountab
Why it matters:
This may be relevant to public accountability, consumer protection, government oversight, fraud monitoring, or financial transparency depending on the source record.
What is not yet proven:
This draft should not be treated as proof beyond what the linked source directly supports. Avoid adding accusations, private information, or copied text from the original source.
Source:
https://www.ftc.gov/news-events/news/press-releases/2026/05/federal-court-holds-payment-processor-cliq-contempt-violating-ftc-order
AI writer note: OPENAI_API_KEY is empty, so this was generated with the built-in safe fallback writer.