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Consumers can also report scams, potential fraud and unwanted phone calls to the FTC so that it can investigate and build cases against fraudulent individuals and businesses.
In this type of scam, an imposter or "independent energy auditor" appears unannounced at the victim's home. They typically offer a free inspection of their thermostat, furnace, or home's energy leakage. The scammers are usually salespeople or "home improvement hucksters" selling unnecessary expensive products.
Business impersonation scams are the most reported type of financial fraud. According to a May report by the Federal Trade Commission (FTC), about 332,000 people fell victim to these scams in 2023 ...
The title requires that consumer reporting agencies, upon the request of a consumer who believes he is or about to be a victim of fraud or any other related crime, must place a fraud alert on that consumer's file for at least 90 days, and notify all other consumer reporting agencies of the fraud alert. [5] Consumers may request an extended ...
If you get an email providing you a PIN number and an 800 or 888 number to call, this a scam to try and steal valuable personal info. These emails will often ask you to call AOL at the number provided, provide the PIN number and will ask for account details including your password.
What's known as "cable hooking" is the most used method. 80% of global power theft is by direct tapping from the line. The consumer taps into a power line from a point ahead of the energy meter. This energy consumption is unmeasured and procured with or without switches. [citation needed] It can cause severe electric shock or fire outbreak.
As Hurricane Milton approached landfall in western Florida on Wednesday, the Biden administration warned consumers and businesses of the heightened risk of potential fraud, price gouging and ...
The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector.CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, for-profit colleges, and other financial companies operating in the ...