FTC Targets Scams Spawned by Economic Downturn

Operation Short Change Seeks to Protect Vulnerable Consumers

Media Advisory

In conjunction with a joint federal/state law enforcement initiative, the Federal Trade Commission will hold a press conference on Wednesday, July 1, 2009, at 11 a.m. to announce a law enforcement sweep cracking down on frauds fueled by the economic downturn.

WHO: David Vladeck, Director,
FTC’s Bureau of Consumer Protection

Tony West, Assistant Attorney General,
U.S. Department of Justice

Roy Cooper,
Attorney General of North Carolina

A victim of an employment scam

WHEN: Wednesday, July 1, 2009, 11 a.m.
WHERE: Federal Trade Commission
600 Pennsylvania Ave., N.W., Room 432
Washington, DC

Call-in Information: Reporters unable to attend the event can call in. The toll-free phone number (in the U.S. and Canada) is 866- 363-9013, the confirmation number is 17729757, and the chairperson is Gail Kingsland. The lines, which are for media only, will open at 10:45 a.m. EST. Please reference the confirmation number when joining the call.

Video Information: A broadcast-quality version of the new FTC consumer education video on investment-opportunity scams will be available at:

12:00-12:30 EDT AMC3 / 15 C (DL4000H)
1:00-1:30 EDT GAL28 / 12 C (DL3940H)

PRESS CONTACT: FTC Office of Public Affairs
202-326-2180

Contact Information