(Above, Inset: l-r): Monica Vaca, Acting Deputy Director, Bureau of Consumer Protection, FTC; and Rosario Mendez, Attorney, Consumer & Business Education, FTC. (Siliconeer/EMS)

 

A new report has just been released by the Federal Trade Commission (FTC) on ‘How consumer fraud impacts communities of color in the United States.’ The report reveals differences in the way that fraud and other consumer problems affect diverse populations. FTC speakers will also highlight cases brought by the FTC in the last five years where the unlawful conduct either targeted or disproportionately affected communities of color. The speakers for this Ethnic Media Services briefing, held Oct. 22, were Monica Vaca, Acting Deputy Director, Bureau of Consumer Protection, FTC; and Rosario Mendez, Attorney, Consumer & Business Education, FTC.

The Federal Trade Commission is the nation’s consumer protection agency, and their mission is to help all consumers avoid scams and know what their rights are in the marketplace.

The speakers looked at FTC’s progress in the last five years to address disparities and other issues affecting communities of color with a focus on law enforcement, outreach, and research.

“Since 2016, we’ve brought more than 25 actions where we could identify conduct that either specifically targeted or disproportionately impacted communities of color and these are over a broad spectrum of industries, (such as) auto buying, for-profit colleges, prepaid…

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