Legion Media

Rule Changes

As of September 2026: Shut down by FTC in 2024

A payment processor the FTC says opened accounts for more than 1,000 shell companies used in billing scams will pay $12 million and stop handling payments for high-risk merchants. The proposed settlement with Humboldt Merchant Services, announced September 8, permanently bars the company from processing for merchants the agency deems fraud-prone.

Updated Sep 9