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August 24, 2010

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Vermont Consumer Protection News

U.S. Joins OECD Partners in Fighting Cross-Border Fraud

Guidelines establish framework for cooperation, FTC says

The United States has joined with other industrialized countries to enhance cross-border cooperation against consumer fraud, the Federal Trade Commission (FTC) says.

A June 17 FTC press release describes guidelines for such cooperation just released by the Organization for Economic Cooperation and Development (OECD), a group of 30 wealthy countries.

"Cross-border fraud, perpetrated through telemarketing, Web sites, and spam, harms consumers and consumer confidence in the global marketplace," Commissioner Mozelle Thompson said. "The OECD guidelines announced today reflect an international commitment by consumer protection law enforcement agencies to work together to combat these schemes."

The guidelines define cross-border fraudulent practices, present principles for cross-border cooperation and press OECD member countries to find ways to redress consumers harmed by cross-border fraud.

Contact a Vermont Consumer Protection lawyer today and get a free consultation!

Did You Know?

Warranties and guarantees are a manufacturer’s or seller’s promise to stand behind its product or service.

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	Latest news about Consumer Protection cases in Vermont and nationwide: Agencies Propose Consumer Protection Rules For Insurance Comments are due October 5.. The Act directs the agencies to publish rules that apply to retail sales practices, solicitations, a... Read more > Content Industries and Sharman Networks Settle All Global Litigation SYDNEY – Sharman Networks Ltd. announced today that an historic turning point has been reached for both technology and content industries... ... Read more > Interagency Council Issues Guidance On Electronic Financial Services And Consumer Compliance ncontent">WASHINGTON, D.C. -- The Federal Financial Institutions Examination Council (FFIEC) has issued industry guidance on the... Read more > More Consumer Protection News >

Consumer Protection Lawyers.com Terms

Today's Terms

Loan Scams

Definition:
Before you sign on the dotted line, get all of the loan terms in writing, including the payment schedule and interest rate. If the lender isn't familiar to you, contact your state banking department and ask how to confirm that it's licensed and operating properly.

Investment Scams

Definition:
Steer clear of “offshore investments.” These are often promoted as a way to avoid taxes. Actually, you are still liable for taxes, and the investments themselves are usually very risky

Closed-End Lease

Definition:
A lease in which you are not responsible for the difference if the actual value of the item at the scheduled end of the lease is less than the residual value, but you may be responsible for excess wear-and-use charges and for other lease requirements.

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Consumer Hot Topics

Topics Related to Consumer Protection:

Automobile Repair
Buying a Car
Buying a Hearing Aid
Buying or Selling a Home
Cable Television
Charitable Giving

Vermont Consumer-Protection Attorney

If you live in the following cities and need an Consumer-Protection attorney you should contact our Consumer-Protection Attorney as soon as possible:

Barre
Bennington
Brattleboro
Burlington
Colchester
Essex Junction

Milton
Montpelier
Rutland
Saint Albans
South Burlington

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