Toronto Strategic Partnership Cracks Down on Advance-Fee Scams

The Federal Trade Commission and its Canadian law enforcement partners will hold a press conference on Tuesday, November 16 at 10:00 a.m. EST to announce new cross-border efforts to crack down on advance-fee loan and credit card fraud. The FTC’s recent Fraud Survey showed that advance-fee scams topped the list of consumer fraud, affecting more than 4 million people. Many advance-fee fraudsters operate from boiler rooms in Canada. The joint initiative by the Toronto Strategic Partnership will involve law enforcement, consumer education, and an effort to enlist newspapers across the country to review questionable advertisementss with law enforcers before running them.

Reporters unable to attend the event may call in. The call-in information is as follows:

Dial-in Number: 1-800-377-4562
Confirmation Number: 30560102
Chairperson: Bruce Jennings
The call-in lines, which are for press only, will open at 9:45 a.m. EST.