What types of scams and fraud does the FTC investigate?
Asked 2 years ago
The Federal Trade Commission investigates a wide range of scams and fraudulent activities that impact consumers across the United States. One significant category involves deceptive business practices, including false advertising and misleading claims about products or services. The FTC is particularly attentive to scams that involve online marketplaces, where consumers may be misled about the quality or authenticity of goods.
Another important area of focus for the FTC is identity theft. This includes cases where individuals' personal information is stolen and used for fraudulent purposes, such as opening credit accounts or making purchases. The agency also deals with cases related to data breaches, where consumers' sensitive information is compromised by businesses.
Additionally, the FTC investigates various types of telemarketing and phishing scams. These schemes often involve individuals or companies attempting to obtain personal information or money from consumers by creating a sense of urgency or legitimacy.
Moreover, the FTC addresses issues concerning debt relief services and credit repair scams, which often target vulnerable consumers with promises of financial relief that can lead to further financial distress.
For more detailed information on current investigations and examples of scams, individuals are encouraged to visit the official website of the Federal Trade Commission where they can access a wealth of resources regarding consumer protection.
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