Media Advisory
FTC Targets Scams Spawned by Economic Downturn
Operation Short Change Seeks to Protect Vulnerable Consumers
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, Roy Cooper, A victim of an employment scam |
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| 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:
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| PRESS CONTACT: | FTC Office of Public Affairs 202-326-2180 |