A Consumer Protection Law Outline: 5 Federal Consumer Protection Statutes You Should Know
According to the Federal Trade Commission (FTC), in 2019, United States consumers reported losing $1.8 billion due to consumer fraud. That number almost doubled in the next year with a reported loss of $3.3 billion in 2020. Most of the fraud involved imposter scams ($1.2 billion) with online shopping creating the next biggest fraud category ($246 million). With so many people falling prey to consumer fraud, and to help educate and empower consumers, […]
