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The Federal Trade Commission (FTC) Chairman, Jon Leibowitz, recently received a letter from U.S. Senator Charles E. Schumer pleading for an investigation into companies that market fraudulent car warranties from a nationwide cell phone scam.
Even those who signed onto the governments' "Do Not Call List" are not immune. Scam artists are using technology to their advantage by having call generators place telemarketing calls to cell and land line phones. Here's how the scam works. When you receive a call you wil hear the pre-recorded message: "Out of warranty? You are still eligible to reactivate warranty coverage. This is the final call before we close the file." Even though the recording provides a “way out” option, callers have reported that choosing this option does not stop future calls. Since the fraudulent company does not have consumers car information, their warranty claim is false and the Better Business Bureau have been swamped from over 140,000 people complaining about these calls.
Senator Schumer says the scam is estimated to cost New Yorkers alone hundreds in wasted cell phone minutes, or more if they get caught in the scam. The Senator received an unsolicited spam call on his own cell phone, and plans to file a complaint through the FTC’s website, www.donotcall.gov. He encouraged all to take similar action.
Submitted By: Rick Bartlett, Senior Editor |