Final answer:
It is false that the FTC helps identity theft victims contact the FBI, Secret Service, and local police to coordinate investigations. The FTC provides resources and advice, but does not directly undertake these coordination efforts with law enforcement agencies.
Step-by-step explanation:
It is false that once an identity theft victim has reported a fraud to the Federal Trade Commission (FTC), the FTC will help a victim contact the FBI, Secret Service, and local police to coordinate an investigation. The FTC primarily engages in efforts to prevent identity theft and provides assistance to victims, such as advising them to file a police report and offering resources on how to handle the aftermath of identity theft. However, the FTC itself does not directly coordinate investigations with the FBI, Secret Service, or local police. The FTC does work to protect consumers by investigating and taking enforcement actions against unlawful practices, sharing legal and technical expertise with other agencies, and conducting consumer education.