FTC and U.S. Postal Inspection Service (USPIS) started new nation...
FTC and U.S. Postal Inspection Service (USPIS) started new national fraud prevention campaign to help senior citizens, who are increasingly becoming targets of telemarketing fraud, FTC said Mon. In conjunction with USPIS fraud prevention efforts, U.S. Senate passed resolution,…
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introduced by Sens. Levin (D-Mich.) and Collins (R-Me.), designating week of Aug. 25 as “National Fraud Against Senior Citizens Awareness Week.” Chief Postal Inspector Lee Heath said: “Fraud complaints are on the rise, and more people aged 60 and over are becoming victims.” According to Alliance Against Fraud in Telemarketing & Electronic Commerce, senior citizens account for 26% of telemarketing fraud victims. National Consumers League said illegal telemarketing operations cheated citizens out of at least $40 billion annually. It said significant number of illegal contest and prize scams originated in Canada. USPIS said it had shut down 40 illegal telemarketing operations this year (43% over last year) and stopped 80 deceptive mailing operations (up 40%). During awareness week USPIS is providing fraud-awareness posters to more than 38,000 post office lobbies, placing half-page ads in selected metropolitan markets and mailing fraud-awareness information to 3 million households of seniors.