Financial exploitation of the elderly remains a major problem throughout the country, with elderly individuals and their children concerned about this. Fortunately, with the proper knowledge, it's easy to spot a scam and avoid it before it takes its toll.
According to the Federal Trade Commission (FTC), advertising is considered to be deceptive when it omits, misleads or falsely represents a product or service. This type of marketing can be presented in both written and oral forms. Since there are penalties that retailers face for engaging in false advertising, very few use this sales tactic each year. There are some deceptive techniques that they use more often than others.
You've probably seen plenty of commercials where companies take direct aim at their competition, perhaps even mentioning them by name. Even when it's not by name, they often allude to it strongly enough that it leaves no doubt in your mind what they're talking about.
With the rise of online dating sites and apps, so-called "romance scams" have become more prevalent. These scams can leave victims both financially and emotionally devastated. Seniors looking for love, companionship or just someone with whom to communicate -- often after becoming widowed -- are particularly vulnerable.
The Minnesota attorney general (AG) filed a lawsuit against the telecommunications giant Comcast in late December in Hennepin County District Court on behalf of state residents. In her Dec. 21 filing, she accused them of having violated both the Uniform Deceptive Trade Practices Act (UDTPA)and the Prevention of Consumer Fraud Act (PCFA).
With cash is being used less frequently, credit card fraud is more rampant than ever, and it's important for American consumers to be on the lookout, so they don't risk becoming a victim of consumer fraud related to their credit cards.
It seems like consumers have every opportunity to get duped or defrauded on a daily basis. In fact, it can be difficult to keep track of the many types and varieties of scams that fraudsters use to deceive us. One of the most common types of fraudulent schemes is known as a "fake charity."
Just when we think we've seen every fraud scam under the sun used to target vulnerable seniors, our law firm encounters a new scheme that defrauded a senior citizen out of his or her money. It's terrifying to think just how fast someone can take your hard-earned money away from you, but we have encountered numerous individuals who were left financially devastated because of a business' highly immoral practices.
Buying a vehicle can be one of the most expensive purchases that you will have to make, and the car will be extremely valuable to the quality of your life. This is why many people spend a lot of time looking for a great deal on a new or used car. When they finally make the purchase, they will expect the car to be as it was advertised.
We interact with advertising every day, on billboards, in magazines and online. It is important that this advertising is truthful in nature and does not mislead its readers. There are laws in place in order to protect people from misleading advertising; therefore, it is important that you take the time to understand your rights if you believe you have fallen victim to misleading advertising.