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Wednesday, April 24, 2013

Bogus Weight-Loss Products, Fraudulent Prizes Top List Of Biggest Scams

More than 1-in-10 American adults fall victim to some sort of fraud, according to a new report from the Federal Trade Commission. And scams related to fraudulent weight-loss products are by far the most prevalent.

The FTC has just released a detailed survey [PDF] of consumer fraud in the U.S. for 2011. The agency found that in that year alone, 25.6 million adults (10.8% of the adult population) were victims of fraud. In total, the FTC knows of 37.8 million fraud incidents in 2011, meaning some folks were duped at least twice.

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3 comments:

  1. AnonymousApril 24, 2013 at 3:29 PM

    I guess that's what happened to ol' JT.

    ReplyDelete
    Replies
    1. AnonymousApril 24, 2013 at 6:35 PM

      I feel sorry for the old dumpling.

      Delete
  2. AnonymousApril 24, 2013 at 4:28 PM

    My wife told me the other day that she had lost 7 pounds. I said "turn around and look behind you, and you'll find it".

    ReplyDelete

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