Telemarketing Schemes

Most members of our tech-savvy society aretelemarketers attempt to get victims to sign up
familiar with the idea of fraudulent internetfor credit cards over the phone, tell them that
practices. However, as our dependency on homethey can be approved for loans and credit cards
phone lines decreases and we increasingly rely ondespite bad credit, or convince them that the
the internet and on personal cell phones, peoplefraudulent service can remove bankruptcies or
today may not be too familiar with theother indicators of poor credit from the person's
forerunner to internet scams: telemarketingcredit report. The fraudulent organization either
schemes. A telemarketing scheme is a type oftakes money from the victim or collects
fraudulent behavior in which a caller contactsimportant personal information.
victims and attempts to get them to send- Business-opportunity schemes: victims are
money to a cause or subscribe to some purpose.convinced to invest large amounts of money in
Instead of using these funds in the way theyfraudulent business practices.
were intended, the participants in the scheme- Lottery schemes: telemarketers convince
take the victim's money and use it for fraudulentvictims to buy foreign lottery tickets, which are
purposes or in another illegal way.invalid in the United States.
Types of Telemarketing Schemes- Office supply schemes: a telemarketer contacts
In order to try to make their schemes seeman office under a false identity and tells the
legitimate, fraudulent telemarketers may use acompany about a price increase in a particular
variety of different techniques in an attempt toservice.
convince victims to give up money or important- Prize-promotion schemes: a victim is contacted
personal information. The types of schemes varyand told that he or she has won a large prize, but
widely, and it is important to be familiar with themust purchase particular products or services in
most common types to avoid being a victim oforder to claim it.
telemarketing fraud. Examples of telemarketing- Cross-border schemes: fall into a wide variety of
schemes include:categories, but all involve solicitors from outside
- Charity schemes: a telemarketer appeals to athe country. Doing business overseas makes the
person's desire to help others by calling on thefraudulent behavior more difficult to track. If you
behalf of a false charity, or by stating the namehave been a victim of a telemarketing scheme or
of a well-known charity in order to gain theanother kind of financial fraud, you may want to
victim's trust. The donation is then used in part orpursue legal assistance. For more information, visit
in full for fraudulent purposes.the website of the Milwaukee bankruptcy lawyers
- Credit card, credit repair, and loan schemes:of the DeLadurantey Law Office.