The Department of Justice (DOJ) and the Federal Trade Commission (FTC) have recently issued a joint warning to consumers regarding the potential risks of fraud and price gouging in the wake of the impending Hurricane Milton. As hurricanes and natural disasters can often bring out the worst in some individuals or businesses seeking to take advantage of vulnerable populations, it is essential for consumers to be vigilant and informed.
Fraudulent schemes commonly arise during times of crisis, with scammers exploiting people’s fears and uncertainties for their own financial gain. In the wake of a hurricane, consumers should be wary of unsolicited emails, phone calls, or text messages offering questionable products or services. These may include fake disaster-relief charities, phony insurance claims, or illegitimate home repair offers. Consumers should always verify the legitimacy of any organization or individual before providing personal or financial information.
Price gouging, another nefarious practice that often occurs during disaster situations, involves the unjust and excessive inflation of prices for essential goods and services. This can include items such as gasoline, food, water, generators, and lodging. Both the DOJ and the FTC are committed to enforcing laws that prohibit price gouging and are actively monitoring for any such illegal activities in the aftermath of Hurricane Milton.
To protect themselves from becoming victims of fraud or price gouging, consumers are advised to take the following precautions:
1. Only purchase goods and services from reputable and established businesses with a track record of reliability.
2. Be cautious of any offers that seem too good to be true or put pressure on you to make immediate decisions.
3. Verify the legitimacy of any charity or organization claiming to collect donations for disaster relief efforts.
4. Keep a record of all transactions, receipts, and communications with businesses or individuals providing goods or services related to the hurricane.
5. Report any suspected fraud or price gouging to the relevant authorities, such as the FTC or your state’s attorney general’s office.
In times of crisis, it is important for consumers to remain vigilant and informed to protect themselves from potential scams and exploitation. By staying informed, exercising caution, and reporting any suspicious activities, consumers can help prevent fraud and price gouging and contribute to a more resilient and secure community in the aftermath of Hurricane Milton.
