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Beware: DOJ and FTC Issue Alert on Fraud and Price Gouging Before Hurricane Milton Hits

The Department of Justice (DOJ) and the Federal Trade Commission (FTC) have issued a joint warning to consumers about the potential risks of fraud and price gouging in light of the impending Hurricane Milton. As the hurricane approaches, government agencies are urging the public to remain vigilant and take precautions to avoid falling victim to fraudulent schemes and unfair pricing practices.

One of the primary concerns raised by the DOJ and FTC is the likelihood of scam artists taking advantage of the chaos and uncertainty surrounding natural disasters. These unscrupulous individuals may attempt to deceive consumers by posing as legitimate charitable organizations or reputable businesses. To safeguard against such scams, the agencies advise consumers to verify the authenticity of any organization soliciting donations or offering services related to hurricane relief.

In addition to fraudulent activities, the agencies also warn consumers to be wary of price gouging in the aftermath of Hurricane Milton. Price gouging refers to the practice of unfairly inflating the prices of goods and services following a disaster, taking advantage of the increased demand for essential items. The DOJ and FTC emphasize that price gouging is illegal and can result in severe penalties for businesses found engaging in such practices.

To protect themselves from price gouging, consumers are advised to be cautious when making purchases during and after the hurricane. They should compare prices across different retailers and report any instances of suspected price gouging to the appropriate authorities. By remaining informed and vigilant, consumers can help prevent unscrupulous businesses from exploiting the aftermath of Hurricane Milton for their own gain.

The DOJ and FTC’s warning serves as a timely reminder of the importance of consumer awareness and protection in times of crisis. As Hurricane Milton approaches, it is crucial for individuals to stay informed, exercise caution, and report any suspicious activities to the authorities. By working together to combat fraud and price gouging, we can help ensure that the impact of the hurricane is not compounded by unscrupulous practices that harm consumers and communities.

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