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Buchanan: The Suncoast is the epicenter of scams

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Posted: Tuesday, November 5, 2013 10:07 pm | Updated: 5:59 pm, Wed Nov 6, 2013.

SARASOTA, Fla. - Every year, seniors lose $3 billion to scams. According to Dailyfinance.com, in 2012 Florida ranked as the worst state in the nation for fraud. Congressman Vern Buchanan who represents Sarasota and Manatee Counties believes the Suncoast is the epicenter of it all.

"Some of the cases and situations I have heard about are deplorable, where many seniors lose all their money through a scheme on the internet or a telemarketing group," said Buchanan.

Buchanan represents an area with 200,000 constituents aged 65 and older, a hotbed for scammers.

"There is no other state that is more impacted in a bigger way," he said.

Earlier this year, the Republican joined colleagues from the other side of the aisle to introduce the Seniors Fraud Protection Act. The bill remains in committee. If passed, it would establish an advisory office within the Federal Trade Commission's Bureau of Consumer Affairs, tasked with alerting consumers of new scams and establishing an effective complaint system to ensure that reports of fraud are quickly forwarded to the appropriate law enforcement agency.

In the meantime, if you or a loved one have become the victim of a scam, Florida has a fraud hotline. The number to call is: 1-866-9-NO-SCAM.

 

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2 comments:

  • Duane overholt posted at 10:59 am on Wed, Nov 6, 2013.

    Duane overholt Posts: 14

    Vern you should know about scams. DO you/have you charged consumers at your dealerships hidden bank fees that are not disclosed on a bill of sale or a bank contract. Are these fees charged against the transaction to reduce commissionable gross profits to reduce commissions paid your employees. Do you have an agreement with your lenders not to pass on these costs and not to disclose these fees to the consumers.

    Are there two sets of non-disclosed fees: 1. a administration fee charged to every consumer of 75 to 495 dollars which is not based on gender/vehicle. 2. An acquisition fee that is from 75 to 4 or 5 thousand dollars that is based on vehicle/gender/credit/price of vehicle.

    Well Vern how about an answer!!!! Or will you just want for the latest lawsuits.

     
  • Duane overholt posted at 12:22 am on Wed, Nov 6, 2013.

    Duane overholt Posts: 14

    Vern: if anyone should know about scams ---IT IS YOU. You are named by CREW and other organizations for a reason. FIRST: you are a car dealer SECOND: you have been sued by employees and consumers alike. THIRD: your own CFO filed a claim against you with the IRS(still being investigated) for major tax fraud and also has testified against you in the lawsuit filed against you by your former partner. You even took Habitat for Humanity for huge amount. Even the actions of your attorney come into question. Especially when you go after your critics,

    Now you plead on behalf of the seniors in your area. WHAT do you expect from others when they have you as an example.