"The telemarketers generally began their calls by congratulating consumers for qualifying for a special expense reduction program or asking whether the consumer was interested in decreasing his or her debts. Telemarketers generally stated that they were affiliated with the consumer's creditors or lenders, were calling on behalf of the government, or had special relationships with creditors or lenders that enabled them to negotiate debt management deals that were unobtainable by other service providers."
Telemarketing Scheme
A recent FTC Action charged various defendants in a telemarketing scheme targeting seniors. "Defendants operate a fraudulent telemarketing scheme that bilks consumers by offering bogus "risk-free" money-making opportunities. Defendants represent to their consumer victims-many of whom are elderly or veterans-that the consumers will earn substantial income through websites to be owned or invested in by... Continue Reading →