FTC-PR-240307-2 (Mar. 7, 2024) FTC Implements New Protections for Businesses Against Telemarketing Fraud and Affirms Protections Against AI-enabled Scam Calls – Final rule extends telemarketing protections to business-to-business calls; Commission also proposes new consumer protections against tech support scams pitched over the phone The Federal Trade Commission today announced a final rule extending telemarketing fraud […]
Category: Telemarketing Fraud
Telemarketing Fraud involves deceptive practices conducted over the phone where scammers pose as legitimate businesses or organizations to trick individuals into providing personal information, making payments, or purchasing worthless or non-existent products. Often using high-pressure tactics, these fraudsters may offer fake prizes, investments, or services, exploiting the target’s trust or urgency to coerce them into financial transactions. The fraudulent schemes can be highly convincing due to the scammers’ ability to present themselves as credible representatives, making it challenging for individuals to discern the authenticity of the call.