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Article: FTC CRACKS DOWN ON SCAMMERS TRYING TO TAKE ADVANTAGE OF ECONOMIC DOWNTURN
- Article from:
- US Fed News Service, Including US State News
- Article date:
- July 2, 2009
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WASHINGTON, July 1 -- The Federal Trade Commission issued the following press release:
The Federal Trade Commission today announced a law enforcement crackdown on scammers trying to take advantage of the economic downturn to bilk vulnerable consumers through a variety of schemes, such as promising non-existent jobs; promoting overhyped get-rich-quick plans, bogus government grants, and phony debt-reduction services; or putting unauthorized charges on consumers' credit or debit cards.
Dubbed "Operation Short Change," the law enforcement sweep announced today includes 15 FTC cases, 44 law enforcement actions by the Department of Justice, and actions by at least 13 states and the District of ...