Debt Brokers

FTC Stops Payday Loan Scammers From Tapping Bank Accounts

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A data broker operation sold the sensitive personal information of hundreds of thousands of consumers – including Social Security and bank account numbers – to scammers who allegedly debited millions from their accounts, the Federal Trade Commission charged in a complaint filed today. According to the FTC’s complaint, data broker LeapLab bought payday loan applications …

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FTC Catches Debt Brokers Exposing Themselves

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At the request of the Federal Trade Commission, a federal court has ordered two debt sellers that posted the sensitive personal information of more than 70,000 consumers online to notify the consumers and explain how they can protect themselves against identity theft and other fraud in light of the disclosures. In two separate cases, the …

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