How to Deal With Telemarketing Scam (Real Examples)19 Dec
Tarik Pierce, a writer, wrote about his experience with a telemarketing fraudster. One day he received a phone call purportedly from the Bank of America, offering him a new line of credit. As he used to get phones from Bank of America off and on, he did not pay much attention, till he started hearing a scratching sound.
He figured out that it was not a genuine call, but let the conversation continue. The telemarketer tried to sell him the good points of having a second line of credit. Before he could ask for other bank information, Tarik informed him that his attempt at gathering information was denied and that was the end of the conversation.
U.S. Attorney Bradley Schlozman said. “Telemarketers deliberately targeted thousands of credit-challenged persons and promised them that, in exchange for a payment of about $219, they would receive a major credit card. In reality, not a single customer received a credit card; at most, victims only received applications for credit cards. These were low-income and credit-challenged people who couldn’t qualify for credit, as the defendants knew, so an application was worthless to them.”
This happened after the trial wherein a federal jury convicted a co-owner and three office managers of telemarketing firm Gecko Communications Inc. for their roles in a $10.2 million telemarketing scheme that defrauded an estimated 50,000 victims across the country. They were all found guilty.
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