New York Attorney General Unveils Top Ten Consumer Frauds List

Internet scams were the top consumer fraud complaint in 2011, according to New York Attorney General Eric Schneiderman.
 
The AG's office on Monday released its annual list of the top ten fraud complaints reported last year.

The other nine types of complaints covered credit fraud, including abusive debt collection; vehicle purchases, leasing and rentals; consumer services like catering; landlord problems; mortgage and foreclosure scams; retail sales complaints, including those pertaining to gift cards; home repair; mail-order frauds; and telecommunications abuses on phone and cell services.

"Arming consumers with information is the best defense against frauds and abuses," Schneiderman said in a press release on Monday. "The crime scene of the 21st century is the Internet, and it is important for consumers to not only know their rights online, but how to seek justice."

The AG's assessment comes at a time when the Consumer Financial Protection Bureau is also ramping up its focus on consumer frauds and abuses.

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