New FTC Rule: How NOT to Pay Telemarketers

New FTC Rule: How NOT to Pay Telemarketers

The payment methods most favored by con artists because they are hard to trace — and which make it difficult for consumers to recover their money — will be prohibited for all telemarketers, thanks to new requirements by the Federal Trade Commission aimed at curbing financial losses suffered by scam victims.

In amending its Telemarketing Sales Rule last week, as AARP and other consumer advocates have long supported, the FTC says it will be illegal — and a sure bet of an impending gotcha — if anyone calls you to request or demand the following payment methods:

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