New York Civil Rights And Criminal Defense Lawyers

What is telemarketing fraud, and how is it committed?

On Behalf of | Monday Aug 1, 2022 | Criminal Defense

New Yorkers who are accused of telemarketing fraud should immediately seek assistance. It’s important to know how this crime is committed.

What is telemarketing fraud?

Telemarketing fraud is a crime that occurs through the phone as a way to deceive a victim into believing they can gain something by paying money. It’s carried out when the criminal manages to get the victim to provide their most sensitive information such as their financial information or Social Security number.

What are some common telemarketing scams?

One of the most common recent telemarketing scams involves a phone call from someone claiming to be from the “Microsoft Department,” stating that a virus was found on the person’s computer. Although many people are savvy enough to immediately recognize that this is a scam, others such as the elderly might not be quite so quick to realize that. Once the victim gives out their personal or financial information, the perpetrator can gain access to their bank accounts or credit card.

The foreign lottery ticket scam is another example of telemarketing fraud. A person calls someone claiming that they have won a foreign lottery even if the person says they don’t recall entering it. Sometimes, the criminal tells the victim that someone else entered the lottery on their behalf.

The identity theft insurance scam is another type of telemarketing fraud. The criminal calls a person while posing as an insurance agent who claims to be selling identity theft protection. When a victim falls for it, they lose their hard-earned money.

How is telemarketing fraud prosecuted?

Telemarketing fraud is a federal offense. The Federal Trade Commission is responsible for prosecuting any allegations of the crime. While many cases involve victims who have lost money, a victim does not actually have to lose money in order for a prosecution to occur.

As a federal crime, telemarketing fraud is a serious charge that requires a solid defense.