The FTC confirmed that it’s on the hunt for scammers after it managed to shut a leading flaw in the law.
The leading regulatory body added how the Telemarketing Sales Rule’s expansion will benefit all senior individuals who are disproportionately falling prey to scam support phone calls. As it is, the law puts several requirements in place for those making leading sales calls.
Telemarketers added how phone numbers need to be transmitted to the Caller ID. Next, it should tell immediately which sellers or charitable firms they’re representing when a call is for sales and when it’s for charity purposes. It also shared that all data should be transparent about goods on offer and what the terms of the sale might be.
They should also get permission for charing and using certain accounts. They won’t be able to call too early in the morning or too late at night, local time. They cannot be deceptive or abusive or lie in terms of what’s on offer. If they do ask anyone to pay, it’s through cash-to-cash wire transfer. It can be done also through bank details or remote payment orders.
Now which loophole law is shut? Sources claim the previous law spoke about coming into play whenever someone called. Now, scammers are on the rise through online ads and phishing campaigns through the email. This is what persuades victims to make a phone call.
History shows the rise in tech scams that try to trick people into calling them with alerts that pop up and a number of other tactics. Thankfully, the law is now updated to entail all kinds of inbound calls.
For now, the FTC is in the process of approving final changes to the entire Telemarketing Sales Rule. It will extend to entail the inbound telemarketing phone calls that are designed to offer tech support services.
While scammers could be prosecuted criminally for the likes of fraud, the law would take action against them. This is even if a victim does not fall prey to scams. Scammers might even request payment through means deemed illegal. As per the FTC, the change will protect any elderly specifically.
As reported to Congress, consumers who are 60 and above were five times more likely than the youth to lose funds on a tech scam. As per stats from 2023, older users reported more than $175M worth of losses.
Image: DIW-Aigen
Read next:
• Why Blogs and News Sites Have Become Digital Flea Markets
• Can Google Maps Be Held Responsible for the Fatal Accident in Uttar Pradesh?
The leading regulatory body added how the Telemarketing Sales Rule’s expansion will benefit all senior individuals who are disproportionately falling prey to scam support phone calls. As it is, the law puts several requirements in place for those making leading sales calls.
Telemarketers added how phone numbers need to be transmitted to the Caller ID. Next, it should tell immediately which sellers or charitable firms they’re representing when a call is for sales and when it’s for charity purposes. It also shared that all data should be transparent about goods on offer and what the terms of the sale might be.
They should also get permission for charing and using certain accounts. They won’t be able to call too early in the morning or too late at night, local time. They cannot be deceptive or abusive or lie in terms of what’s on offer. If they do ask anyone to pay, it’s through cash-to-cash wire transfer. It can be done also through bank details or remote payment orders.
Now which loophole law is shut? Sources claim the previous law spoke about coming into play whenever someone called. Now, scammers are on the rise through online ads and phishing campaigns through the email. This is what persuades victims to make a phone call.
History shows the rise in tech scams that try to trick people into calling them with alerts that pop up and a number of other tactics. Thankfully, the law is now updated to entail all kinds of inbound calls.
For now, the FTC is in the process of approving final changes to the entire Telemarketing Sales Rule. It will extend to entail the inbound telemarketing phone calls that are designed to offer tech support services.
While scammers could be prosecuted criminally for the likes of fraud, the law would take action against them. This is even if a victim does not fall prey to scams. Scammers might even request payment through means deemed illegal. As per the FTC, the change will protect any elderly specifically.
As reported to Congress, consumers who are 60 and above were five times more likely than the youth to lose funds on a tech scam. As per stats from 2023, older users reported more than $175M worth of losses.
Read next:
• Why Blogs and News Sites Have Become Digital Flea Markets
• Can Google Maps Be Held Responsible for the Fatal Accident in Uttar Pradesh?
