Telemarketing Fraud Prevention Act of 1998

[AI summary unavailable — showing source text] Telemarketing Fraud Prevention Act of 1997 - Amends the Federal criminal code to require the court, in sentencing a defendant for telemarketing fraud, to order that the defendant forfeit to the United States any real or personal property: (1) used or intended to be used to commit or to promote the commission of such offense taking into consideration the nature, scope, and proportionality of the use of the property in the offense; and (2) constituting, derived from, or traceable to the gross receipts that the defendant obtained directly or indirectly as a result of the offense. Directs the United States Sentencing Commission to: (1) review and amend the sentencing guidelines to provide a sentencing enhancement for any listed telemarketing offense by at least four or eight levels, respectively, if specified circumstances authorizing an additional term of imprisonment are present; and (2) amend the guidelines to increase the offense level for any fraud offense by at least two levels if the defendant conducted activities to further the fraud from a foreign country. Requires the court to order restitution for any telemarketing offense for which an enhanced penalty is provided under tele…