SPOT SCAMS

Tuesday, August 17, 2004

FTC Top 10 Frauds

1. Advance-fee loan scam = 4.55 million victims

2. Buyers club = 4.05 million victims

3. Credit card insurance = 3.35 million victims

4. Credit repair = 2 million victims

5. Prize promotions = 1.8 million victims

6. Internet services = 1.75 million victims

7. Pyramid schemes = 1.55 million victims

8. Information services = 0.8 million victims

9. Government job offers = 0.65 million victims

10. Business opportunities = 0.45 million victims