Fraud Fighters Go After Credit Scams WASHINGTON (AP) — Telemarketing scams that prey on people with poor credit are an increasing problem targeting the ??most vulnerable consumers,'' federal regulators said Thursday, announcing actions against 41 such schemes.
The Federal Trade Commission said it had worked with 15 state and local law enforcement agencies to move against frauds that have victimized thousands of people. South Dakota was among those states. The scams included false promises of major credit cards for a fee and fraudulent programs to reduce debt or restore damaged credit.