Months after federal regulators ordered a data broker to pay $7.1 million for selling consumers’ sensitive information to scammers, a court ordered one of those alleged scammers and its subsidiaries and operators to provide $43 million in relief to victims. [More]
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Regulators File Suit Against Data Broker That Helped Payday Loan Scammer Bilk $7M From Consumers
By 8.12.15
From time to time, federal regulators shut down shady payday lending companies that debit consumers’ accounts or charge their credit cards without permission. But those nefarious operations have to get their information from somewhere, right? Well, today the Federal Trade Commission sent a message to all of those companies providing such personal information to scammy-mcscammersons by taking action against a data broker operation that illegal sold payday loan applicants’ financial information. [More]
