The Department of Justice (DOJ) and the Federal Trade Commission (FTC) have issued a warning to consumers regarding the risks of fraud and price gouging that are associated with natural disasters, particularly ahead of Hurricane Milton. As hurricanes and other natural disasters can leave communities vulnerable and in need of essential supplies, unscrupulous individuals may take advantage of the situation to exploit consumers.
The DOJ and FTC caution consumers to be on high alert for fraudulent schemes during such times, including deceptive advertising, fake charities, and scams targeting vulnerable populations. In their advisory, the agencies emphasize the importance of being vigilant and exercising caution when making purchases or donations in the aftermath of a disaster.
Price gouging is another concern highlighted by the DOJ and FTC, urging consumers to report any instances of unjustified price increases on essential goods and services. Price gouging laws are in place to protect consumers from exploitation during emergencies, and penalties for violators can be severe.
In times of crisis, it is crucial for consumers to stay informed and take proactive measures to safeguard themselves against potential fraud and price gouging. This includes verifying the legitimacy of businesses and charities, avoiding making rushed decisions, and reporting any suspicious activities to the relevant authorities.
As Hurricane Milton approaches, the DOJ and FTC’s warning serves as a timely reminder for consumers to remain vigilant and cautious in order to protect themselves from falling victim to scams and unfair pricing practices. By staying informed and following the recommended precautions, consumers can help mitigate the risks associated with fraudulent activities in the wake of natural disasters.