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Federal Trade Commission Offers $50,000 Bounty Reward to Whomever Can Stop Automated Phone Spam with First Ever “FTC Robocall Challenge”

The Federal Trade Commission (FTC) is responding to what they say is a huge surge in automated phone calls, or, “robocalls,” by offering a cash reward and prizes to the person, or group of people, who can thwart these calls in the “FTC Robocall Challenge.” According to the FTC, complaints about robocalls skyrocketed to a high of 212,000 this past April, compared to the last high of 65,000 complaints in October of 2010.