FTC assails Canuck telemarketers

May 3, 2008 - 2:29pm | News | Payment systems |
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[img_assist|nid=7088|title=|desc=|link=none|align=left|width=100|height=75]The Federal Trade Commission requested the court of the USA to surcharge Pacific Liberty, a Canadian group for the frauds made under their business. The U.S. District Court for the Northern District of Illinois made a decision to satisfy the claim of FTC and ordered Pacific Liberty to pay about $5 million, which is the amount in net sales earned through the cross-border scheme. In addition the group is prohibited from violating the FTC Act and the Commission's Telemarketing Sales Rule (TSR).

"The FTC's complaint charged the defendants with using outbound telemarketing to call U.S. consumers," says a release on the FTC Web site. "For an advance fee of $319, which they electronically debited from the consumers' bank accounts, the defendants promised that they could deliver Visa or MasterCard credit cards, along with free gifts such as cell phones."

But as it turned out in fact customers were tricked to transfer the funds for mock credit cards and instead of any presents promised they were in an impertinent manner suggested to improve their credit capacity and received respective flyers. There are no facts that Pacific Liberty tried to urge the customers about how to avoid frauds. The sole payment card supplied came in the form of a "member merchandise" card valid only for buying items from a catalog provided by the scammers.

Some consumers involved in this dubious artifice received calls from Canada hoping to get a credit approval. But instead of any particular actions they heard endless excuses that a credit a sort of will be approved later. Finally, after several phone talks victims were no longer able to communicate with the Canuck fraudsters.

Apparently the frauds which are being declared constantly by FTC are not to be ended soon.




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