Posted on May 14th, 2008 at 8:45 pm by admin
… history of the litigation challenging the Do-Not-Call Telemarketing Registry. … For more information on telemarketing and the Telephone Consumer Protect Act, …
As the telemarketing age continues to grow, more and more companies and businesses sell or advertise their products and services through telephone marketing. Many of these companies are legitimate and they do this approach either by calling the prospective consumers or advertising their products and services to a number of consumers to call them. Charities even use telemarketing. The bad news is, telemarketing is not only used today by legitimate companies and charities. Most of those who solicit consumers by phone are fraudulent telemarketers. They rob people through their expertise in the so-called “sales talk” everyday with telephone as their
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weapon.
Statistics show that there has been a growing number in cases of telemarketing fraud. Last year, 2005, it was revealed by the National Fraud Information Center that the top ten telemarketing frauds include prizes or sweepstakes, scholarships and grants, magazine sales, credit card offers, face check scams, advance fee loans, lotteries, work at home plans, phishing, and travel or vacation scams. Of these mentioned telemarketing frauds, the scholarships or grants scams top the list.
Now let’s take a look at the common definition of telemarketing fraud. According to some experts, the term telemarketing fraud refers generally to any scheme to defraud. In telemarketing fraud scheme, the persons carrying out the scheme employ the telephone as their primary means of communicating to their prospective targets. They tend work with their telemarketing fraudulent scheme to persuade people to send money to their scheme. Usually, when these telemarketing fraudulent companies solicit people to buy their products and services, to donate funds to charitable causes, or to invest money, the telemarketing fraud operation
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typically employs a number of false and misleading statements. In addition to this, most telemarketing fraudulent operations even use representations and promises just to trap their unfortunate victims.
There is one particular telemarketing fraudulent tactic commonly used by most telemarketing fraud companies
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