FTC Introduces Rule to Combat Impersonation Scams

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FTC,Impersonation Scams,Rule

The Federal Trade Commission (FTC) has implemented a new rule to address the growing issue of impersonation scams, which cost people $1.1 billion last year. The rule prohibits the impersonation of government, businesses, and their officials or agents in interstate commerce. Additionally, the FTC can now directly file federal court complaints to recover stolen money. Impersonation scams are diverse, with scammers using tactics like fake podcast invites and impersonating individuals to steal cryptocurrency.

The Federal Trade Commission ( FTC ) has a new rule to combat impersonation scams, prohibiting the impersonation of government, businesses, and their officials or agents in interstate commerce. The rule allows the FTC to file federal court complaints to recover stolen money .

Impersonation scams are widespread, with scammers using various tactics such as fake podcast invites and impersonating individuals to steal cryptocurrency.

Source: Digital Coin News (digitalcoinnews.net)

FTC Impersonation Scams Rule Government Businesses Officials Agents Interstate Commerce Stolen Money Podcast Invites Cryptocurrency

 

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