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 South Carolina. The FTC is a federal agency that works to prevent and stop fraudulent, deceptive, and unfair practices in the marketplace. The FTC enforces a variety of laws to protect consumers, including the Federal Trade Commission Act, the Telemarketing Sales Rule, the Fair Credit Billing Act, and the Fair Debt Collection Practices Act. The FTC investigates complaints of consumer fraud under the umbrella of the FTC Act. If the FTC finds that companies or individuals are committing violations of the Act, they may seek an administrative action against them that could result in a restraining order, a cease and desist order, or a civil penalty. If the FTC discovers evidence of criminal violations, they refer it to the appropriate state or federal law enforcement authorities. The FTC also coordinates with the attorneys general in South Carolina to take enforcement actions against companies and individuals who are committing fraud against consumers. The FTC helps South Carolina’s attorneys general investigate and prosecute consumer fraud cases when they don’t have the resources to do so on their own. Overall, the FTC is a key partner in protecting the rights of South Carolina consumers by prosecuting consumer fraud. The FTC is an important resource for both state and federal law enforcement as they pursue criminal cases against companies and individuals who are engaging in fraud.

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

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