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Scam Away. According to the Federal Trade Commission, scams cost consumers a whopping $8.8 billion in 2022, a 30% increase from 2021, and it only expects that number to rise. Scammers' favorite ...
“Fake reviews not only waste people’s time and money, but also pollute the marketplace and divert business away from honest competitors,” FTC Chair Lina Khan said in a statement.
The U.S. Federal Trade Commission on Wednesday finalized a ban on companies knowingly buying or selling fake online reviews, giving the agency the power to levy fines against the shadowy practice.
Trusted Shops AG. Trusted Shops is a company founded in Cologne, Germany in 1999, which offers online shops and their customers trust-building services by means of a trustmark, a money-back guarantee process and a system of customer reviews. Online retailers are also provided with assistance in meeting legal requirements.
US$63.1 million (2023) [ 1] URL. www .trustpilot .com. Trustpilot Group plc, is a Danish consumer business operating a review website founded in Denmark in 2007 which hosts reviews of businesses worldwide. Nearly 1 million new reviews are posted each month. [ 2] The site offers freemium services to businesses. [ 3]
Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".
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