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Telemarketers Fined for Selling Nonexistent Credit Cards

Published on October 25, 2005
A group of telemarketers, charged with selling nonexistent credit cards to U.S. consumers, have agreed to pay $415,000 to settle Federal Trade Commission charges, DM News reports. The defendants - Sun Spectrum Communications Organization Inc., North American Communications Organization Inc., WWCI2002 Inc., and Canadian corporation 9106-7843 Quebec Inc. - targeted consumers with poor credit, used fictitious business names, requested bank account and social security information from consumers, and never sent the credit cards promised.