Thursday, September 29, 2005

Marketing: Calgary police bust illegal telemarketing scheme

CFCN.ca reports that Calgary police have busted an illegal telemarketing scheme that may have thousands of victims in the United States and possibly Canada.

Calgary police raided American Getaway Vacations and Credence Travel Processing, putting a halt to a "sophisticated boiler room operation."
Consumers were offered pre approved credit cards for a fee of $249 US. But they never received the credit cards. Instead, they got brochures, applications, coupons, or nothing at all.

Police believe as many as 70,000 victims, mostly in the United States, were scammed out of nearly $14 million.