Last week, the FTC unveiled five - count 'em five - enforcement actions against so-called "bottom-dollar scams," which target vulnerable consumers. In a post to the FTC's Business Center Blog, FTC attorney Leslie Fair discusses what lessons legitimate businesses can take away from last week's cornucopia of enforcement actions.
The FTC is continuing its crackdown on companies taking advantage of people in financial trouble, but what do these cases mean for companies trying to stay on the right side of the law? Fair writes that enforcement actions against alleged scammers can illustrate where and how the FTC draws the line. She also says such actions can illustrate business practices can lead to trouble, even for legitimate businesses.