CSPAN3 Key Capitol Hill Hearings November 7, 2014
The victim over the telephone that his or her grandchild or another relative is in jail, is in the hospital or stuck in a foreign country and needs money to get out of the predicament. And since the beginning of 2012, the federal trade commission has received more than 30,000 complaints about scammers who claim to be a friend or a Family Member in distress. And its costing americans more than 42 million. Just since the beginning of 12. Now, this doesnt tell the whole story. Since a majority of these crimes go unreported. What we do know is that the ftc reports that imposter scams have double d...