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A Guide to Consumer Scams continued...
OTHER ILLEGAL ACTIVITIES
According to the FTC, the
following activities are
illegal. You should be alert
to these signs of scams.
It is illegal...
- For a telemarketer to call
after you have asked not to
be called.
- For a telemarketer to call
you after 9 p.m., and
before 8 a.m.
- For telemarketers to
neglect to tell you promptly, at
the beginning of the call,
the company name and what
they are selling.If it's a
prize promotion, the caller
must tell you that no
purchase or payment is necessary
to win.
- For a telemarketer to
misrepresent anything about the
offer. * For a telemarketer
to ask you for payment
before telling you the total
cost of goods, whether a
sale is final, the odds of
winning a prize, and any
restrictions on getting the
prize.
- For a telemarketer to
withdraw money from your
checking account without
getting your verifiable
permission in advance. The
new regulation gives you the
right to request a written
form outlining all conditions
of such withdrawals before
you agree. NEVER give verbal
authorization or disclose
your checking account number
over the phone.
- For a credit repair
service or loan promotion to
request a fee before
providing the service. Firms that
offer to recover your losses
or get your money back
cannot charge an up front
fee for doing so.
CON ARTISTS
INVESTMENT FRAUD
OPPORTUNITY SCAMS
CHAIN LETTERS
SCHOLARSHIP SCAMS
FEDERAL JOB FRAUD
OTHER ILLEGAL ACTIVITIES
THE COOLING OFF RULE
GENERAL TIPS FROM THE FTC
SOME PORTIONS OF THIS REPORT ARE EXCERPTS FROM THE FTC
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