Consumer Fraud Act

Consumer Fraud Act - Provides that whoever, in connection with the sale or distribution of goods or services by the use of any means or instrumentality of transportation or communication in or affecting interstate or foreign commerce or by use of the mails, with actual knowledge or knowledge fairly implied, engages in or offers or attempts to engage in an unfair consumer practice, shall be fined not more than $1,000,000 or imprisoned for not more than ten years, or both.

Sets forth the definition of "unfair consumer practice", including: (1) offering or advertising goods or services for sale to consumers and not selling them as offered or advertised; (2) making false or misleading statements concerning the need for, or necessity of, any goods, service replacements, or repairs.

States that any contract or agreement affecting interstate commerce which provides for the purchase of goods or services in furtherance of an unfair consumer practice may be voided by the affected consumer.

Grants the Attorney General of the United States, the appropriate United States attorney, or the chief law enforcement officer or the attorney general of any State in which a prohibited act or practice occurred, authority to bring an action in the appropriate district court of the United States or the appropriate State court of competent jurisdiction, to enjoin such act or practice.