What is Consumer Fraud?
- Transactions involving fraud and deceit.
- Knowingly passing off goods or services as those of another.
- Knowingly making false representations as to the source, sponsorship, approval, connection of a person, or other false certifications as to the goods or services.
- Representing goods as original or new when in fact they are "second hand".
- Misrepresentation as to the particular standard, quality, or grade of goods.
- False advertising: making a false or misleading statement about goods or services in any advertisement addressed to the public.
- Bait and switch advertising: advertising an insincere offer to sell a product or service, not intending or desiring to sell that particular product or service, accompanied by disparaging the advertised product and then trying to sell you a higher-priced item; and failure to provide sufficient quantities of an advertised product to supply reasonably expected demand.
- Failing to deliver, at the time of installment sale of goods or services, a written order, contract, or receipt setting forth: 1. The name and address of the seller: 2. The name and address of the organization which the seller represents; 3. All the terms and conditions of sale, including a description of the goods or services sold, stated in readable, clear, and unambiguous language.
- Failing to make full disclosure of credit conditions as required by the Colorado Uniform Consumer Credit Code.
- Setting up of referral sales prior to or at the time of purchase.
- Failure to inform you on the credit contract of your right to cancel, within three business days, two special kinds of contracts: 1. The Home Solicitation Sale;
- Making false or misleading statements of fact about: 1. The price of goods or services;
- Soliciting for "pyramid" promotional schemes.
- Offering for sale an article knowing that the identification (serial) number thereon is obscured or altered.
- Using false weights or measures.
- Offering for sale less than the represented quantity on the package of any commodity.
- Selling land twice.
- Failure of a hearing aid dealer to cancel a purchase when asked to do so within 30 days of the delivery date.
- Failure of a dance studio to allow a purchaser to cancel a contract at any time.
- Failure of a health club to allow a new member to rescind his membership contract within 3 days, and the sale of a membership contract longer than 2 years.
- Failure to allow the purchaser of a time-share condominium to rescind the sale within 5 calendar days, and failure to refund any down payment within 7 days of such rescision.
2. Sales involving a security interest in your home as collateral.
2. The reason for price reductions.