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.
As a consumer, you are subject to a large amount of information distributed by traders every day. This is true for when you drive past billboards, walk into a store and view certain deals, and get advice from car dealerships, for example. While most of this information is trustworthy, some companies do engage in deceptive trade practices.
Many people throughout Minnesota and the rest of the country who get caught up in the deadly grip of opioid addiction first started taking the drugs because a doctor prescribed them as pain relievers. Vicodin, Percocet and OxyContin are among the opioids most commonly prescribed. Too often, when people can no longer get their prescription drugs, they move to powerful illegal drugs like heroin to feed their addiction.
As more of life becomes digitalized, consumers tend to store more information online. If personal information is not adequately protected, consumers can unfortunately become victim to identity theft. This can lead to very serious consequences, since fraudsters are able to cause a lot of damage, both financial and logistical, in a very short amount of time.
With digital marketplaces becoming the norm, we do more and more of our shopping online. This can mean that we as consumers become complacent when it comes to deciding what platforms are trustworthy. Fraudulent people are trying to take advantage of people's use of the internet for online shopping; therefore, it is easy to become victim to scams.
Fraud and other dishonest business practices are certainly nothing new, and the practices seem to adapt to every era in human history. Fortunately, the detection methods that law enforcement agencies use to ferret out fraud also adapt with the times.
Both state and federal laws exist on the books aimed at protecting consumers from being taken advantage of by both retailers and manufacturers. The overwhelming goal in passing these laws was to dissuade the parties from making exaggerated or deceptive claims when either advertising or marketing their products.