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Business

  • Peoples Bancorp yearly earnings up 30%
    Peoples Bancorp today reported fiscal 2014 earnings of $3.4 million, or $1.47 per diluted common share, a 30 percent increase from the $2.6 million, or $1.11 a share, posted for the previous 12 months.
  • Ossian auto-parts supplier to add 70 jobs
    A Wells County auto parts supplier is expanding its workforce by about 50 percent, officials announced today.
  • TI Automotive expanding, adding jobs
    TI Automotive in Ossian, Ind. announced today they will invest $10 million into their Wells County manufacturing facility in the form of new process equipment.
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FTC: T-Mobile made millions with bogus charges

WASHINGTON – The Federal Trade Commission is alleging that T-Mobile USA Inc. made “hundreds of millions” of dollars off its customers through bogus charges.

In a complaint filed Tuesday, the FTC said the mobile phone provider billed consumers for subscriptions to “premium” texts such as $10-per-month horoscopes that were never authorized by the account holder.

The FTC alleges that T-Mobile collected as much as 40 percent of the charges, even after being made aware the subscriptions were scams.

FTC Chair Edith Ramirez said in a statement that the agency’s goal is to ensure T-Mobile repays its customers. She said there were “clear warning signs the charges it was imposing were fraudulent.”

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