Tuesday, February 3, 2015

Cross-Border Telemarketing Scheme Targeting Seniors Is Shut Down

The FTC just announced a settlement for the seniors targeted in a multi-million dollar telemarketing fraud scheme. Seniors were targeted and money was withdrawn from accounts without authorization. The scheme consisted of cold calling seniors to sell fraud protection, legal protection, and pharmaceutical benefit services. Marc Ferry and Robert Barczai used the information to create checks drawn on the seniors' bank accounts.

“Scammers thought they could cover their tracks by operating across borders, but law enforcement caught up with them,” said Jessica Rich, Director of the Bureau of Consumer Protection, according to the announcement.
The FTC also filed suit against First Consumers LLC; PowerPlay Industries LLC; Standard American Marketing, Inc.; Quebec Inc., doing business as (d/b/a) Landshark Holdings Inc; and Quebec, Inc. d/b/a Madicom, Inc.

To read more about the story click here.
GovernmentAuctions

Gerber Pocket KnivesGet ready for summer fishing trips with this assorted lot of 30 Gerber knives. These fine-quality knives are not only perfect for knife enthusiasts, but also for collectors. They’re also ideal for buyers who want to flip the knives individually for a profit. These knives come in an assortment of various sizes, colors, types, models, and conditions. They also include both fine and serrated blades. The knives all appear to be in great shape but an inspection of this auction is still strongly encouraged prior to bidding. The current asking price for this bulk auction is just $137 with 3 online bids already placed and just 2 days, 20 hours, and 36 minutes remaining. To find out more about this deal, simplyactivating your free trial now.