WebA commission is created and established, to be known as the Federal Trade Commission (hereinafter referred to as the Commission), which shall be composed of five Commissioners, who shall be appointed by the President, by and with the advice and consent of the Senate. WebAccording to the Federal Trade Commission, what is the largest type of consumer fraud? a. Identity theft b. Ponzi scheme c. Magazine fraud d. Telephone fraud A 3. Which of the following is NOT a common identity theft method? a. filing for bankruptcy under the victim's name. b. opening new bank accounts in the victim's name.

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