What is Consumer Fraud? The Insights and claiming your rights

Consumer Fraud• If you have been cheated

or deceived to buy something which does not work according to the promised capabilities then it is consumer fraud.

• This might be a purchase of a mobile phone, credit cards and other loans

Types of Criminal Fraud

• 1. False Advertising

• Giving a false aspect of a product which becomes the important reason for purchasing that product

Switch and Bait

• Alluring the customer to buy a product with a deal which longer exists and then offering a different product.

What to do if you are a victim??

• Claim your consumer rights and make note of all the dissatisfaction.

• If this not clear then contact the business owner of the product.

• If even after this the issue is not cleared then go for a litigation

Consumer rights

• Cooling off period: This is the time given to the customers to cancel the purchased product or service within the midnight of the third day of purchase. This can be done for any set of reason.

• Requirement for Shipping: If you order a service or product the service provider should ship the product within the stipulated period. If the seller is unable to do this then he should offer a notice and the option to cancel the deal, accept a refund or new delivery date.

• Used Car rule: Dealer should offer warranty on each purchase of the electronic item or car. In addition to this other important details are given.

• Mail fraud schemes: A company cannot send an order to your mail which you have not ordered for and expecting to pay back for it.

Consumer Protection Agency

• This is the agency whose sole duty is to regulate the consumer industry. This board conducts investigations into the consumer and financial scams and prosecutes the scammers.

• This board helps to bring civil lawsuit against fraudulent professionals or businesses.

Need of an Attorney

An experienced attorney is the person who knows well about consumer protection matters and can draft a letter on the behalf of you and file lawsuit against the dishonest company if necessary

If your company is subjected to consumer fraud then take help of a business litigation attorney as these are expertise in many business deals.

• For more information regarding the business litigation

• Contact: http://companylitigation.net/