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Ways that consumers can avoid becoming victims of fraud

When people in Florida are looking into a new product or service, they often place a large amount of trust in companies to provide precisely what they promise. However, there are times when businesses use fraudulent marketing or advertising tactics to take advantage of unsuspecting consumers. While fraud and scams are unavoidable at times, the efforts that consumers take to protect themselves can be quite advantageous when used with vigilance. 

People who do not spend time researching whatever it is they are interested in are often the ones who end up in uncomfortable situations where they have spent money, but are not receiving what they were promised. According to the Federal Trade Commission, people who want to protect themselves from fraud should consider doing the following:

  • Being protective and selective of the financial information they give and the means they use to process required payments. 
  • Using caution when approached with a trial offer that requires a cancellation to avoid payment after a designated period. 
  • Taking time to complete a thorough search of a company and comparing the reviews of other consumers. 
  • Consulting with other people to get their input on the validity of the company they are considering using. 

When people are caught in a scam, their first inclination may be to look for an asset recovery program that can help them get back on their feet and get back some of whatever it was they lost. However, Consumer Reports warns that many asset recovery programs are not what they are advertised to be and can often result in further damage to consumers than advertised. 

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