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TELEPHONE FRAUD NETS BILLIONS

Telephone marketers rob American consumers of billions of dollars each year. The most common areas for fraudulent offers, according to a newly formed Alliance Against Fraud in Telemarketing, a group representing legitimate telemarketers, are:

Prize offers (to get consumers to buy such things as water purifiers or vitamins).

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Penny stocks.

Office supplies.

Magazine subscriptions.

Credit repairs.

Precious metals.

Travel scams.

Art.

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Business ventures.

Cellular telephone lottery applications.