In spite of warnings sent to the general public, frauds involving sweepstakes continue to tally up victims. Most of the time, elderly people are the ones who fall victim to these kinds of scams. As a result, frauds involving sweepstakes are an example of elder abuse in the financial sector. One of the most common types of sweepstakes scams involves a con artist reaching out to an older victim and telling them that they have won the lotto. After then, the elderly victim is informed that they are required to put in money in order to be eligible to receive the reward that was won in the sweepstakes. Senior folks in California are cautioned by lawyers who specialize in elder abuse to avoid falling prey to fraudulent sweepstakes schemes. An announcement was made not too long ago by the Federal Trade Commission (FTC) that it is putting a stop to a significant sweepstakes fraud that started in Ventura County. According to the allegations, the defendant in this instance operated three businesses that were responsible for sending more than 3.7 million letters to individuals located in more than 156 countries. In this particular instance, rather of requesting big quantities of money from victims who were older citizens, they requested lesser sums of money. Attorneys that specialize in elder exploitation in the financial sector in California caution the general public not to fall for sweepstakes scams, regardless of how much money the con artists ask for. In this particular instance, the victims were elderly citizens who were sent customized letters that had stamps, bar codes, and seals that seemed to be legitimate. The students were informed that they had won millions of dollars and that in order to get the money, they would first need to pay a nominal charge ranging from twenty to thirty dollars within a certain time frame. As stated by the Federal Trade Commission, the con has been responsible for the collection of more than eleven million dollars, the most of which has come from elderly folks. The lawyers that specialize in elder abuse in the state of California have said that older folks are often the target of these sorts of mailings. The victim was selected from a pool of 250,637 names, according to one of the letters that were sent out as part of this scam. the letters were sent out. Consumers will, in fact, only get lists of sweepstakes that they may enter, as opposed to a cash reward, as stated in the small print that is included on the back of the letter. Due to the fact that the promises made by the firm are deceptive and the victims do not get what they were promised, the Federal Trade Commission has determined that the small print does not exonerate the corporation of any wrongdoing. People often fail to read the tiny print and wind up paying the cost, which ranges from $20 to $30. According to the Federal Trade Commission, frauds involving sweepstakes like this one are quite common and constitute one of the top five types of scams that target businesses and individuals. The fact that frauds involving sweepstakes are effective in targeting older persons makes them an additional kind of discrimination against elderly people financially. Elder abuse lawsuits in the state of California are handled by Evans Law Firm, Inc. Please get in touch with Evans Law Firm, Inc. at the number 41 if you believe that you have been a witness to elder abuse or that you are the victim of such abuse.
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