Feds Go After Crooked Car Deals In National Crackdown

Feds Go After Crooked Car Deals In National Crackdown

On Thursday, the government reported that their nationwide crackdown on auto dealers has revealed that there is countless of false ads, deceptive loans as well as fake odometer readings.
The latest investigation, which were led by both law enforcements and the Federal Trade Commission, resulted into 2.6 million dollars in consumer fees and refunds as well as 252 enforcement actions being taken.

This is the second time that the Federal Trade Commission has decided to go after the car industry. Last year the FTC also conducted a similar crackdown that saw 10 cases of deceptive advertising being reported. According to some officials, the recent crackdown which was carried out in the U.S. and Canada this year, included state prosecutors and the country’s Justice Department.

Law enforcement agencies have lately increased their intensity when conducting the crackdowns so as to get those who are behind illegal and deceptive practices in the industry. In addition to that, the law enforcement agencies have stated that they will take all the necessary measures so as to ensure that consumers are protected.

Jessica Rich, the director of the FTC’s Bureau of Consumer Protection, said that law enforcement agencies are increasingly conducting such crackdowns so as to ensure that consumers are protected.

"The clear message is that across this country, and indeed internationally, law enforcement agencies are on the lookout for deceptive and illegal practices by auto dealers, and will take whatever action is necessary to protect consumers,," she said.
 

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