FAQ: What are the most common types of consumer fraud?

Inept or dishonest business practices are common causes of consumer fraud. When businesses and other entities make misleading claims or empty promises regarding a product or service they offer, consumers could be cheated out of their hard-earned money.

Common types of consumer fraud include:

  • Identity theft
  • Credit card fraud
  • Debit card fraud
  • Mortgage scams
  • Prize and lottery fraud, sweepstakes scams
  • Fake charities
  • Debt collection fraud
  • Covid-19 scams

Fraudsters and scammers target young people and seniors more than other groups, as they see these groups as more fallible and more trusting, but individuals in every age group could fall victim to scams.

If you have questions about your fundamental rights as a consumer or are a victim of consumer fraud in Texas, the experienced attorneys at Funk & Associates can help. Contact us today for a consultation.