Originally appearing in The Messenger on Jan. 11, 2024, Sasha Jones talks to NCLC’s Sarah Bolling Mancini about scams that have begun to proliferate targeting the average investor looking for quick profits, particularly within one sector: house flipping.
Recently, those schemes have caught the eye of the Federal Trade Commission and lawsuits — resulting in a crackdown.
“The complaints that get filed are just the tip of the iceberg, because that’s the nature of the enforcement capacity. “Any increase in enforcement activity points towards an overall increase in the problem.”
Sarah Bolling Mancini, co-director of advocacy at the National Consumer Law Center
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