The Illinois Consumer Fraud Act is aimed at allowing victims of fraud in Illinois to recover monetarily, and to punish those actors who commit fraud. Recently, Illinois Fraud scams are targeting entrepreneurs.
-Tom Koester, Partner, Koester & Bradley LLP
The Illinois Consumer Fraud Act Requires the Right Legal Team
- False advertising across all media channels. This includes the internet, print, and even the phone.
- False or misleading statements made by salespeople on the phone, the internet, or in person.
- False or misleading marketing materials.
- Concealing relevant information or facts about a particular good or service.
- A fraudulent or undisclosed commission payment schedule
The Emergence of the Distant Buyer Scam In Illinois
The distant buyer scam occurs when an unknown buyer sends the business an inquiry on one or more products that it sells. Typically, the product that the buyer wants to purchase carries a high ticket price. The buyer offers to pay more for the product than what the seller is asking and insists on sending their own shipper to pick up the product. In these events the buyer does send a legitimate looking check or money order that increases the level of trust the seller has. The seller is instructed to send the additional funds to the shipper, often to a P.O. Box. The seller is then out the product and the money as their bank collects the funds from the business or individual’s account to cover the fraudulent check or money order when it doesn’t clear.
If you are one of Illinois’ home business owners that suspects you have encountered a distant buyer scammer, Illinois Consumer Protection and Fraud attorneys can help you. These professionals are able to assist you with reporting the occurrence with the proper authorities and federal agencies. They have the knowledge and expertise to begin research into your case which offers a better chance of finding the culprits that have caused you the loss. Should a suspect or suspects be found in your case, your attorney will begin the necessary proceedings to help you collect the monetary compensation you are due.
If you feel you have been victimized by a distant buyer scam:
- Save any correspondences you have received from the buyer.
- Contact your local state police post and file a victim’s report.
- Contact an Illinois Consumer Protection and Fraud attorney.
- Do not attempt to cash any check or money order regardless of how legitimate it may seem.
If your home business has experienced a loss or you are unsure of the legitimacy of a distant buyer, contact us and we will help you sort it out. You will have a better understanding of your rights and the scams which are lurking.
By Tom Koester, Partner, Koester & Bradley, LLP