Markets Wired

The Federal Trade Commission, together with more than 30 law enforcement partners from the United States and Canada, will announce the results of ‘Operation Tele-PHONEY’ at a joint press conference at FTC Headquarters in Washington, DC, on Tuesday, May 20, 2008 at 10:30 a.m. The sweep includes a range of cases targeting telemarketing fraud such as pitches for advance-fee loans and credit cards, supposedly free gifts and prize promotions, medical prescription drug plans, tax rebates, magazine subscriptions, and “low-cost” household products. The Commission also will announce a new consumer education campaign that includes a Web site and other materials designed to help people avoid becoming victims of telemarketing fraud. A spokesperson fluent in Spanish will be available at the event for interviews with Hispanic media.

Call-in Information

Call-in lines are available for members of the press who cannot attend the event. To call in, dial: 866-363-9013 prior to the start of the event. In order to join the conference call, reporters must provide the operator with the following conference ID: 48086048.

Webcast Information

Reporters who are interested in this event but are unable to
attend can view it via Webcast by accessing the following link:
http://htc-01.media.globix.net/COMP008760MOD1/ftc_web/FTCindex.html.