FCC Slaps Robocaller Group With Record $300 Million Fine

Fraudsters made over 5 billion auto warranty scam calls to more than 500 phone numbers.

Man looking at phone robocall written on it.
(Image credit: Getty Images)

The Federal Communications Commission (FCC) slammed a multinational network of companies with a record-breaking $299,997,000 fine for making more than 5 billion scam auto warranty robocalls to more than 500 million phone numbers in 2021.

During a three-month period, multiple violations were racked up by the international enterprise, the FCC said in an Aug. 3 statement. These included making pre-recorded voice calls to mobile phones without prior express consent, dialing numbers included on the National Do Not Call Registry, failing to identify the caller at the start of the message, and failing to provide a call-back number that allowed consumers to opt out of future calls.

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Joey Solitro

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.