Thirty percent of phone calls in the U.S. are 'robocalls' that cause $350MILLION worth of telemarketing fraud and more than 3.4million consumer complaints each year

Mail Online | 1/4/2018 | Forrest Hanson For Dailymail.com
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About 30 percent of phone calls placed in the United States are fraudulent 'robocalls,' amounting to about 30billion total each year that cost U.S. consumers $350million in telemarketing fraud costs, according to figures from multiple sources.

The Federal Trade Commission noted that it received more than 3.4million robocall complaints in 2016 and, between January 2017 and August 2017, had received more than 3.5million.

Increase - Complaints - Robocalls - Voice - Calls

The increase in complaints about robocalls - automated voice calls used by scammers to try to take people's money - came despite consumers adding themselves to 'Do Not Call' registries that make such calls illegal.

'The problem is all the people who don't respect it, who are the scammers who [couldn't] care less,' the CEO of blocking service YouMail told CNBC this past summer.

Operations - Sorts - Fundraisers - Example - People

So while legal telemarketing operations - certain sorts of fundraisers, for example - cannot call people who are on Do Not Call lists, scammers who are not bothered with legal technicalities simply bypass them.

CNBC notes that many such scammers are actually calling from abroad, and so to a certain extent are untouchable by U.S. authorities.

While - Phone - User - Call - Robocall

All the while, the phone user cannot differentiate a legitimate call from a robocall and wastes valuable time on the phone.

Some of the more elaborate robocall scams use a...
(Excerpt) Read more at: Mail Online
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