U.S. DoJ: 560 Arrested for Marketing Fraud
An AP newswire article by Mark Sherman, via SFGate.com, reports that:
More than 560 people have been arrested in an international investigation of mass-marketing fraud schemes that have victimized more than 2.8 million people in the United States, the Justice Department said Tuesday.More here.
Losses exceeded $1 billion in scams that included bogus lottery, prize and sweepstakes offerings, phony preapproved credit card and card protection deals and invitations to pour money into nonexistent investments, the department said.
The schemes were carried out through telemarketing, mass mailings and the Internet.
posted by Fergie @ 5/23/2006 09:18:00 AM
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