What is the role of the Federal Trade Commission (FTC) in prosecuting consumer fraud?

The Federal Trade Commission (FTC) plays an important role in prosecuting consumer fraud in New York. The FTC is a government agency that works to protect consumers from being taken advantage of by businesses, including by prosecuting those who commit consumer fraud. Consumer fraud is any deceptive or illegal behavior that harms consumers and takes advantage of them financially. The FTC has the power to investigate consumer complaints, take legal action against businesses who commit consumer fraud, and impose fines or other penalties on those found guilty of the offense. In addition, the FTC can create rules to help protect consumers from fraudulent behavior in the future and can share this information with other government agencies, as well as with the public. When the FTC receives a complaint about suspected consumer fraud, it will launch an investigation. This could include reviewing the business records, interviewing witnesses, and obtaining other evidence in order to build a case. Depending on the severity of the fraudulent behavior, the FTC may choose to prosecute the business in court or negotiate a settlement that includes penalties. The FTC works hard to protect consumers in New York from fraudulent behavior. By enforcing the law and imposing penalties on those who commit consumer fraud, the FTC helps create a fair and safe marketplace for all.

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What is the role of the Federal Trade Commission (FTC) in prosecuting consumer fraud?

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