False advertising is a real issue, and it's one that has misled countless consumers over the years. It's illegal for a reason. It tricks people into buying products they never would have purchased otherwise.
Consumer fraud changes swiftly with the development of new technologies and scamming trends. Therefore, it is important that consumers keep up to date on the types of crimes they are likely to fall victim to in 2018.
You may think of false advertising as a relatively minor problem, like a white lie. Many companies clearly look at it this way, considering how many lawsuits are started after they make false claims.
In order to gain a competitive advantage, brands must be able to excite and attract their customers through lucrative campaigns. However, occasionally this gets taken too far. When brands exaggerate the benefits of their product or just outright lie about their brand's attributes, then it is likely that they are breaking the law by engaging in false advertising. The following are some examples of brands that have been caught out by the Federal Trade Commission (FTC).
When you have been involved in an accident, you may already feel that you are out of luck. It can be a very stressful situation to be in and it might also mean that you find it more difficult to make calm and well-thought-out decisions. The following are some examples of ways that innocent drivers can be scammed through their insurance, how to prevent becoming victim to this the of fraud and what to do if you have are an insurance fraud victim.
Fraud can happen to unsuspecting consumers at any time, anywhere. Therefore, it's important to be aware of the places that fraud most commonly occurs, and the red flags to watch out for in people's behavior. Fraud could take place in a digital environment, or it could occur when you are in the shop of a supposedly reputable company.
As concern about the environment heightens, it is becoming increasingly popular for companies to market themselves as environmentally friendly or as helping the environment in some way. Many companies use this type of marketing to take advantage of the "green dollar": the favorability that consumers have toward green companies. However, unfortunately some marketing campaigns and product information contains misleading information and downright lies.
Trade practices often revolve around ambitious marketing, and with that comes a significant level of idealization. However, when these promises about a product or service go too far, an individual or organization can be accused of exercising deceptive trade practices.
Minnesota is one of several states the subscribes to the Uniform Deceptive Trade Practices Act (UDTPA), a federal statute that was first instituted in 1964 and underwent revisions two years later. This law is backed up by Minnesota's Antitrust Law, drafted in 1971. Both make it illegal for businesses to take part in certain illicit trade practices that are either discriminatory or otherwise unfairly restrict trade.
Unfair debt collection is a troubling issue throughout the United States, and can cause a great deal of stress and worry among debtors. To try and reduce this problem, there is a law put in place called The Fair Debt Collection Practices Act (FDCPA), which has a large amount of protections and rights for those in debts.