On Friday, many of my colleagues will be joining the US Department of Justice’s Civil Consumer Protection Branch at the Second Annual Consumer Protection Summit.
On the agenda for the day:
- Money frauds: those scammers who convince people they’ve won the lottery…if only they’ll pay a fee to collect their winnings; and romance scams, where a scammer pretends to be a love interest to extract money from a target.
- Debt-related scams: the people who break debt collection laws, market phony debt relief programs, and try to collect debts from people who don’t actually owe money.
- Dietary supplements: the “cure-all” marketing of supplements, which have dubious effectiveness.
- Tax season scams: the latest on the cost of refund anticipation loans and tax preparation scams, as we’re all sitting down with our 1040s.
These are some of the hot topics here at the FTC (and at the Department of Justice, IRS, US Postal Inspection Service, Food and Drug Administration, National Institutes of Health, and Consumer Financial Protection Bureau, all of which will be there). We’re working every day to bring cases and enforce the law against these kinds of scammers, and educate consumers to help them avoid these scams.
What are your fraud-related hot topics? What pressing questions might you ask experts on these topics?