Telemarketing Fraud

          Telemarketing fraud is one of the most persuasive deceptions identified by the Federal Trade Commission (FTC). The term is also used for telephone fraud not involving selling. Telemarketing fraud often involves some sort of victim compliance whether it involves the victim initiating contact with the perpetrator or voluntarily providing their private information to the offender, thus fraud victims may experience feelings of shame and embarrassment that could prevent them from reporting their victimization. Older people are disproportionately targeted by fraudulent telemarketers and make up the 80% of victims affected by telemarketing scams alone. Older people may be targeted more because the scammer assumes they may be more trusting, too polite to hang up, or have a nest egg. Telemarketing fraud is a type of strategy, which a criminal communicates with a potential victim through the telephone. This is where the criminal will pitch a product or service in order to persuade you into purchasing this good or service, and effectively getting the victim to hand over their credit card details and information/ identity to make unauthorized purchases, telemarketing fraud can also be known as a scam.
          Knowing about the warning signs will help you understand about the type of telemarketing fraud that can come to us everytime without looking who you are. The power is in the “insistence”, it will comes out from the seller’s mouth that purposes to make you will buy the items. They are using a rude way to make you turn into e decision. Overall the points are, high-pressure sales techniques, insistence on an immediate action, offers that sound too good to be true, a request for your credit card number for any purpose other than to make a purchase, an offer to get your money quickly (e.g., pay for overnight mail, send someone to your home or office to pick it up), a statement that a product or service is free, followed by a request that you pay for something, claims of an investment that is “without risk”, inability or refusal to provide written information or references about the company, product, service, or investment, suggestions that you should make purchase or investment based on “trust”.
          Next is about how to avoid yourself from being a victim, first is don’t buy anything on terms you don’t really understand and when they are suggest, don’t be pushed into a decision. Find the written information about organization and product or investment, investigate the company or organization. Request the name of the federal agency by or with whom the firm is regulated or registered. Don’t believe testimonials you can’t verify, testimonials can be buy. Don’t provide any personal financial information, if you must so hang up.
          So we should be concerned with what it got from someone, do not accept just what we get, but we also need to read and make sure whether there is really a mere hoax or so we can find out the truth and do no harm and regret at a later date.