Email-based insurance scam targeting consumers: Lawsuit says it could cost $1.2B

Email-based insurance scam targeting consumers: Lawsuit says it could cost $1.2B

A lawsuit filed by Consumers Union says the “Internet of Things” is a “massive fraud” targeting consumers.

The lawsuit alleges that e-commerce insurance companies are selling products with an e-mail address as part of a scheme to trick consumers into paying for products they never ordered.

The complaint, filed Wednesday in U.S. District Court in Southern California, accuses e-Commerce Insurance of using the e-mails to falsely claim the products were in stock.

It also says it has found multiple instances where customers who tried to cancel a product order were denied coverage because the company claimed it was not in stock and it was impossible to order online.

The suit, filed by Consumer Union President Mark J. Steinberg, is seeking class action status and unspecified damages.

A spokesperson for Consumers Union did not immediately respond to a request for comment.

The FTC did not comment on the lawsuit.

“The Internet of Things is a huge fraud on consumers and our ability to monitor and detect fraud is limited,” FTC Director of Enforcement David Reilly said in a statement.

“Our consumer protection programs have made it clear that we are committed to aggressively investigating these types of fraudulent schemes.”

Consumers Union, a consumer advocacy group, is asking for an injunction preventing the companies from offering the insurance to consumers who don’t want to pay for the products.

“This is a real risk for consumers and the insurance companies,” Steinberg said.

“It is going to make it more difficult for the insurance industry to operate.

They are already making millions of dollars a year from the Internet of things.”

Consumers are being targeted by a scam in which insurance companies offer consumers fake products as insurance to cover them for not buying them, according to the lawsuit, which was filed Wednesday by Consumers Unite, a group representing consumer groups.

Consumers Unites says that ecommerce insurance products, sometimes referred to as “internet of things” insurance, are sold on various websites such as Amazon, eBay and others.

Consumers are asked to enter the e_mail address and enter their ZIP code and then the product is listed for purchase.

Consumers may then choose to buy the product.

The consumer is then billed a monthly premium based on the amount of the purchase.

The claim is typically made with the product listed for sale.

Consumers usually have to pay an upfront premium, typically $100 or more, and pay for other products with their credit cards.

Consumers typically are billed on a monthly basis and typically pay monthly.

Consumers often do not receive refunds or cancellation notices.

Consumers say they have experienced several fraudulent claims and received bills totaling tens of thousands of dollars.

The plaintiffs say the fraudulent products include a product called “E-Mail and e-Shopping,” a “Internet Of Things Insurance” and a “Ecommerce Insurance” that was advertised on a “snowboard” website that was used to send e-mails.

Consumers Union claims it has received complaints from several consumers who purchased a product and then were told the product had not been delivered and they were entitled to claim a refund.

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