{"id":4400208,"date":"2023-11-07T11:45:21","date_gmt":"2023-11-07T16:45:21","guid":{"rendered":"https:\/\/www.olartemoure.com\/?p=4400208"},"modified":"2023-11-07T11:45:32","modified_gmt":"2023-11-07T16:45:32","slug":"new-partnership-to-combat-fraud","status":"publish","type":"post","link":"https:\/\/olartemoure.com\/en\/new-partnership-to-combat-fraud\/","title":{"rendered":"A new partnership to combat fraud"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; theme_builder_area=&#8221;post_content&#8221; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221;][et_pb_row _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; width=&#8221;100%&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][et_pb_column _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; type=&#8221;4_4&#8243; theme_builder_area=&#8221;post_content&#8221;][et_pb_blurb image=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2023\/11\/community.png&#8221; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; alt=&#8221;community&#8221; title_text=&#8221;community&#8221; image_icon_width=&#8221;60%&#8221; body_font_size=&#8221;1.2em&#8221; body_line_height=&#8221;1.5em&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]The United States Federal Trade Commission (FTC) signed a cooperation agreement, in the form of a Multilateral Memorandum of Understanding (MOU), with consumer protection authorities from four Latin American countries: Chile, Colombia, Mexico,<br \/>\nand Peru.[\/et_pb_blurb][et_pb_image src=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2023\/11\/contract-signing.png&#8221; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; alt=&#8221;contract signing&#8221; title_text=&#8221;contract signing&#8221; align=&#8221;right&#8221; width=&#8221;20%&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243; width_last_edited=&#8221;on|phone&#8221; width_tablet=&#8221;30%&#8221; width_phone=&#8221;35%&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font_size=&#8221;1.2em&#8221; text_line_height=&#8221;1.5em&#8221; custom_padding=&#8221;|||0.5em|false|false&#8221; border_width_left=&#8221;0.3em&#8221; border_color_left=&#8221;#003366&#8243; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]This multilateral agreement will facilitate information sharing, accelerate investigations, spur policy development, and assist cross-border enforcement.[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font_size=&#8221;1.2em&#8221; text_line_height=&#8221;1.5em&#8221; custom_padding=&#8221;|||0.5em|false|false&#8221; border_width_left=&#8221;0.3em&#8221; border_color_left=&#8221;#003366&#8243; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]Its aim is to combat fraudulent activities both domestically and internationally.[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; width=&#8221;100%&#8221; alt=&#8221;latin america&#8221; title_text=&#8221;latin america&#8221; background_image=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2023\/11\/latin-america.png&#8221; background_size=&#8221;custom&#8221; background_image_height=&#8221;100%&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][et_pb_column _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; type=&#8221;4_4&#8243; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;|800||on|||||&#8221; text_text_color=&#8221;#003366&#8243; text_font_size=&#8221;2em&#8221; text_line_height=&#8221;1.5em&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]Fraud<br \/>\nin latin<br \/>\namerica[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;|800|||||||&#8221; text_font_size=&#8221;1.4em&#8221; text_line_height=&#8221;1.5em&#8221; background_color=&#8221;#003366&#8243; text_text_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;|||0.5em|false|false&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243; module_alignment=&#8221;left&#8221; width=&#8221;21%&#8221; width_last_edited=&#8221;on|phone&#8221; width_phone=&#8221;42%&#8221; width_tablet=&#8221;24%&#8221;]<\/p>\n<p>FROM 2019<br \/>TO 2022<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; border_color_all=&#8221;#003366&#8243; border_width_all=&#8221;0.1em&#8221; custom_padding=&#8221;0.3em|0.5em|0.3em|0.5em|true|true&#8221; module_alignment=&#8221;left&#8221; width=&#8221;29%&#8221; text_font_size=&#8221;1.2em&#8221; text_line_height=&#8221;1.3em&#8221; width_last_edited=&#8221;on|phone&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243; width_tablet=&#8221;38%&#8221; width_phone=&#8221;58%&#8221;]Reports of fraud against businesses in these Latin American countries doubled.[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; width=&#8221;100%&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][et_pb_column _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; type=&#8221;4_4&#8243; theme_builder_area=&#8221;post_content&#8221;][et_pb_image src=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2023\/11\/commerce.png&#8221; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; alt=&#8221;commerce&#8221; title_text=&#8221;commerce&#8221; align=&#8221;right&#8221; width=&#8221;20%&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243; width_last_edited=&#8221;on|phone&#8221; width_tablet=&#8221;30%&#8221; width_phone=&#8221;35%&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font_size=&#8221;1.2em&#8221; text_line_height=&#8221;1.5em&#8221; custom_padding=&#8221;|||0.5em|false|false&#8221; border_width_left=&#8221;0.3em&#8221; border_color_left=&#8221;#003366&#8243; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Additionally, total reported losses by consumers increased, ascending from <strong>$39.4 million USD in 2019 to $237.9 million USD in 2022.<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font_size=&#8221;1.2em&#8221; text_line_height=&#8221;1.5em&#8221; custom_padding=&#8221;|||0.5em|false|false&#8221; border_width_left=&#8221;0.3em&#8221; border_color_left=&#8221;#003366&#8243; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>The top complaint category is online shopping, with losses reaching almost <strong>$50 million USD in 2022.<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;|800||on|||||&#8221; text_text_color=&#8221;#003366&#8243; text_font_size=&#8221;2em&#8221; text_line_height=&#8221;1.5em&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243; custom_margin=&#8221;1.4em||||false|false&#8221;]<\/p>\n<p>WHO ELSE CAN JOIN THE AGREEMENT?<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font_size=&#8221;1.2em&#8221; text_line_height=&#8221;1.5em&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]This agreement offers a mechanism for additional nations to join the pact, bolstering the fight against fraud on a broader scale.[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;|800||on|||||&#8221; text_text_color=&#8221;#003366&#8243; text_font_size=&#8221;2em&#8221; text_line_height=&#8221;1.5em&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243; custom_margin=&#8221;1.4em||||false|false&#8221;]<\/p>\n<p>WHAT MUST THE SIGNATORIES<br \/>OF THE MOU DO?<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font_size=&#8221;1.2em&#8221; text_line_height=&#8221;1.5em&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]Among other things, signatories will:[\/et_pb_text][et_pb_blurb image=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2023\/11\/puzzle.png&#8221; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; alt=&#8221;puzzle icon&#8221; title_text=&#8221;puzzle icon&#8221; icon_placement=&#8221;left&#8221; image_icon_width=&#8221;80px&#8221; body_font_size=&#8221;1.2em&#8221; body_line_height=&#8221;1.6em&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Collaborate on investigations involving violations of consumer protection laws.<\/p>\n<p>[\/et_pb_blurb][et_pb_blurb image=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2023\/11\/support-icon.png&#8221; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; alt=&#8221;support icon&#8221; title_text=&#8221;support icon&#8221; icon_placement=&#8221;left&#8221; image_icon_width=&#8221;80px&#8221; body_font_size=&#8221;1.2em&#8221; body_line_height=&#8221;1.6em&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Share consumer complaints and provide investigative assistance with appropriate safeguards.<\/p>\n<p>[\/et_pb_blurb][et_pb_blurb image=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2023\/11\/documentation-icon.png&#8221; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; alt=&#8221;documentation icon&#8221; title_text=&#8221;documentation icon&#8221; icon_placement=&#8221;left&#8221; image_icon_width=&#8221;80px&#8221; body_font_size=&#8221;1.2em&#8221; body_line_height=&#8221;1.6em&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Provide practical assistance for enforcing consumer protection laws, including evidence collection.<\/p>\n<p>[\/et_pb_blurb][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; text_font=&#8221;|800|||||||&#8221; text_text_color=&#8221;#003366&#8243; text_font_size=&#8221;2em&#8221; text_line_height=&#8221;1.5em&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Our Experts<\/p>\n<p>[\/et_pb_text][et_pb_blurb title=&#8221;Santiago Lombana&#8221; image=&#8221;https:\/\/www.olartemoure.com\/wp-content\/uploads\/2022\/10\/DSL.jpeg&#8221; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; theme_builder_area=&#8221;post_content&#8221; alt=&#8221;Santiago Lombana&#8221; title_text=&#8221;DSL&#8221; link_option_url=&#8221;https:\/\/www.olartemoure.com\/en\/team\/daniel-santiago-lombana\/&#8221; link_option_url_new_window=&#8221;on&#8221; icon_placement=&#8221;left&#8221; image_icon_width=&#8221;90px&#8221; header_font=&#8221;|700|||||||&#8221; header_text_color=&#8221;#003366&#8243; header_font_size=&#8221;1em&#8221; body_font_size=&#8221;1.1em&#8221; body_line_height=&#8221;1.5em&#8221; content_max_width=&#8221;100%&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;]Antitrust and Consumer<br \/>\nLaw Coordinator[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S FTC signed a cooperation agreement, in the form of a Multilateral Memorandum of Understanding, with consumer protection authorities.<\/p>\n","protected":false},"author":5,"featured_media":4400247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[118,160],"tags":[],"class_list":["post-4400208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-consumer-law"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A new partnership to combat fraud - OlarteMoure<\/title>\n<meta name=\"description\" content=\"The U.S FTC signed a cooperation agreement, in the form of a Multilateral Memorandum of Understanding, with 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