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Some commentators indicate that the Freedom 251 sale is a scam. [15] The phone looks like a Chinese phone where the original brand label was covered with whitener. The icons shown on screen shots are copied from Apple's iPhone. There are also reports that many people ordered the phone but did not even receive a confirmation email.
A scam, or a confidence trick, ... and many con artists target the elderly and other people thought to be vulnerable, using various forms of confidence tricks. [8] ...
Reports on the purported scam are an Internet hoax, first spread on social media sites in 2017. [1] While the phone calls received by people are real, the calls are not related to scam activity. [1] According to some news reports on the hoax, victims of the purported fraud receive telephone calls from an unknown person who asks, "Can you hear me?"
Scammers target a variety of people, though research by Microsoft suggests that millennials (defined by Microsoft as age 24-37) and people part of generation Z (age 18-23) have the highest exposure to tech support scams and the Federal Trade Commission has found that seniors (age 60 and over) are more likely to lose money to tech support scams.
Predatory lending refers to unethical practices conducted by lending organizations during a loan origination process that are unfair, deceptive, or fraudulent. While there are no internationally agreed legal definitions for predatory lending, a 2006 audit report from the office of inspector general of the US Federal Deposit Insurance Corporation (FDIC) broadly defines predatory lending as ...
The Telemarketing and Consumer Fraud and Abuse Prevention Act (Pub. L. Tooltip Public Law (United States) 103–297) is a federal law in the United States aimed at protecting consumers from telemarketing deception and abuse.