Hispanic consumers are vulnerable to swindlers

Posted on: September 1st, 2006
Filed Under: [ Hispanic News ]
Knowledge is Power!

“Con artists devising methods to swindle consumers is nothing new, but Spanish-speaking victims, particularly illegal immigrants, are more at risk than non-Hispanic whites, according to fraud experts.

The view is supported by a 2004 Federal Trade Commission study which found that Hispanic consumers are twice as likely to be subject to fraud as non-Hispanic whites. The FTC plans to release an updated survey by the end of the year.”

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