Officials to Announce Bogus Business Opportunity Sweep
The Federal Trade Commission, Department of Justice, and U.S. Postal Inspection Service will announce a federal and state law enforcement sweep targeting bogus business opportunities and work-at-home scams. The press conference on Tuesday, December 12 at 10:30 a.m. will announce more than 100 law enforcement actions and new education materials. Consumer guests who invested in bogus business opportunities will also be telling their stories.
One bogus business opportunities sweep was done in June 2002, called appropriately "Busted Opportunity". Another one was done in February, 2005 called Biz Op Flop. Any bets that we will see exactly the same type of fraud as we saw four years ago, with the method of operation?
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