Mass Marketing Frauds target individuals of all ages and walks of life. Victims are lured with false promises of significant cash prizes, goods, services, or good works, in exchange for up-front fees, taxes or donations.
Credit and loan fraud includes a variety of scams that target folks applying for credit and dealing with debt. Advance-fee loan scams involve charging an upfront fee to guarantee a credit card or loan before you apply. These offers are illegal and often target people with credit problems. Debt settlement scams include deceptive ads that promise debt relief, when in fact they are offering bankruptcy, and others that promise to negotiate with your creditors but take the money and run.
Mail fraud is an offense under US law, which refers to any scheme which attempts to unlawfully obtain money or valuables in which the postal system is used at any point in the commission of a criminal offense.
FINRA Investor Education Foundation, SaveAndInvest.org and National Center for Victims of CrimeThis guide is designed to assist victim advocates by providing information on financial fraud generally, as well as action steps that can be taken after an individual has been the victim of fraud.