A nationwide telemarketer of mortgage loans has been sued by the Federal Trade Commission for allegedly calling people whose numbers are listed on the National Do Not Call Registry, and doing so without identifying itself, the FTC said Monday. The FTC is seeking civil penalties and an injunction against the telemarketer for alleged violations of the FTC's Telemarketing Sales Rule, the agency said. This is the Commission's first case alleging transmission of false caller ID information, according to the agency. According to the FTC complaint, Srikanth Venkataraman, formerly of New Jersey, has been doing business as Scorpio Systems Ltd., selling mortgage loans, refinancing, and other products and services. Attempts to reach Venkataraman for comment were unsuccessful. The complaint was file...
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