FTC cracks down on scammers amid economic downturn - Spokane, North Idaho News & Weather KHQ.com

FTC cracks down on scammers amid economic downturn

Posted: Updated:

WASHINGTON. - The sour economy has become a sweet time for scam artists.

The Federal Trade Commission says it's getting tough on a new wave of cons.

The FTC has been tracking these types of scams for years, but they've noted a sharp rise in complaints that coincides with the recession.

"Rising unemployment, shrinking credit, record-setting foreclosures, and disappearing retirement accounts are causing consumers tremendous anxiety about making ends meet," said David Vladeck of the Federal Trade Commission.

The economic downturn is creating a boom for con artists and the Federal Trade Commission says it's working to put them out of business.

"Their scams promise jobs, access to free government grant money or the chance to make a living by working at home. But these promises deliver nothing. They raise people's hopes and then they drive them deeper into a hole," Vladeck said.

The FTC and 14 states have joined forces in a crackdown dubbed Operation Short Change, going after scammers who use everything from print ads and automated phone calls to the Internet and TV.

"These schemes target men and women, urban and rural communities, people of all backgrounds," Assistant Attorney General Tony West said.

The FTC says be careful if it sounds too good to be true.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Head-on crash kills 1, injures 8, when driver attempts to pass slow-moving vehicle on Hwy 95

    Head-on crash kills 1, injures 8, when driver attempts to pass slow-moving vehicle on Hwy 95

    Thursday, November 23 2017 4:01 PM EST2017-11-23 21:01:52 GMT

    SAGLE, Idaho - A fatal and serious injury head-on crash has killed one man and injured eight others, including five children, who all had to be transported to Kootenai Health. The crash occurred on Wednesday, November 22, the day before Thanksgiving, on Highway 95 at milepost 466.5, two miles south of Sagle, Idaho.

    >>

    SAGLE, Idaho - A fatal and serious injury head-on crash has killed one man and injured eight others, including five children, who all had to be transported to Kootenai Health. The crash occurred on Wednesday, November 22, the day before Thanksgiving, on Highway 95 at milepost 466.5, two miles south of Sagle, Idaho.

    >>
  • Baltimore cop killed one day before scheduled testimony against colleagues

    Baltimore cop killed one day before scheduled testimony against colleagues

    Thursday, November 23 2017 12:16 PM EST2017-11-23 17:16:42 GMT

    BALTIMORE (AP) - Baltimore's police commissioner says a detective killed last week was slain a day before he was set to testify in a corruption probe into activities of indicted police officers.   Commissioner Kevin Davis announced the revelation Wednesday, a week after the detective was shot in the head in a vacant lot. Rumors have been running rampant in Baltimore about the unsolved case.

    >>

    BALTIMORE (AP) - Baltimore's police commissioner says a detective killed last week was slain a day before he was set to testify in a corruption probe into activities of indicted police officers.   Commissioner Kevin Davis announced the revelation Wednesday, a week after the detective was shot in the head in a vacant lot. Rumors have been running rampant in Baltimore about the unsolved case.

    >>
  • Victims in Lewiston double homicide identified

    Victims in Lewiston double homicide identified

    Wednesday, November 22 2017 9:38 PM EST2017-11-23 02:38:39 GMT

    LEWISTON, Idaho - Autopsies have been performed on the two women who were found dead in Lewiston on Tuesday. One victim was identified as suspect Richard Allen Carlin's ex-wife, 72-year-old Raetta Dee Carlin. The other woman was identified as 50-year-old Michelle Lynn Carlin, the daughter of Raetta and Richard Carlin.

    >>

    LEWISTON, Idaho - Autopsies have been performed on the two women who were found dead in Lewiston on Tuesday. One victim was identified as suspect Richard Allen Carlin's ex-wife, 72-year-old Raetta Dee Carlin. The other woman was identified as 50-year-old Michelle Lynn Carlin, the daughter of Raetta and Richard Carlin.

    >>
HD DOPPLER 6i
/