FTC Files Charges in Its Largest Tele-Fraud Sweep

The Federal Trade Commission has filed 13 legal actions in what it calls the largest telemarketing fraud sweep in its history.

The defendants defrauded more than 500,000 consumers of over $100 million, the FTC said.

Known by the name Operation Tele-PHONEY, the roundup also involved actions by 30 other agencies, including states and foreign entities such as Canada