Learning how to avoid consumer fraud is an important issue to consider. Consumer fraud involves the use of misrepresentation in order to deceive consumers into purchasing a faulty or fake product. Federal and state laws prohibit practices like false advertising and unfair business tactics. Other consumer protection laws target more specific practices such as phishing scams or unauthorized use of confidential consumer information.
What are Some Examples of Consumer Fraud?
Consumer fraud schemes usually revolve around current trends in consumer behavior. Thus, they can change every year or during different seasons. Some examples of consumer fraud include:
- Breach of a product warranty
- Sale of fake or "rip-off" imitation products
- Elderly care or nursing home fraud
- Mortgage and foreclosure fraud
- Bankruptcy fraud (for instance, offering inaccurate advice about bankruptcy)
- Faulty repairs of cars and other vehicles
- Misrepresentation of sales contracts and other financial documents
Since there are so many different types of consumer fraud, consumer protection laws are constantly evolving to meet current needs. This is especially true for newer schemes involving online and internet fraud. Some of the more common types of consumer fraud involve violations consumer warranty rights.
How Can I Avoid Consumer Fraud?
- There are several steps you can take to help avoid consumer fraud. These may include:
- Hiring a professional when needed (such as home appraiser for determining the value of a home)
- Checking for credentials and valid licenses
- Obtaining everything in writing, especially sales and return policies
In some instances it may be necessary to file a lawsuit in order to remedy a case of consumer fraud. Remedies typically involve a damages award to compensate the victim for losses. Also, the equipment, products, and documents used to perpetrate the fraud will usually be confiscated.
Do I Need a Lawyer for Help With Consumer Fraud Issues?
Consumer fraud is a major concern that shouldn’t be overlooked. If you need assistance with any consumer fraud issues, you may wish to hire a qualified lawyer for assistance. Your attorney can provide you with legal advice and guidance on the matters, and can represent you in court if you need to proceed with filing a lawsuit.