DISTRICT COURT FINES CREDIT REPAIR COMPANY $6.4 MILLION

Responding to charges by the Federal Trade Commission, a U.S. district court has found a credit repair operation in contempt for violating a previous court order that required the defendants to stop promoting bogus credit repair products and services to consumers. The court ordered the defendants to pay $6.4 million to the FTC within 30 [...]

ID THEFT NEWS – WEEKLY UPDATE

We represent victims of identity theft across the country. Identity theft is an epidemic, especially in the South. Few identity thieves are arrested and convicted. What can consumers do to protect their credit reports and their reputation? Federal law provides identity theft victims with rights under the Fair Credit Reporting Act (FCRA). Under federal law, identity [...]

OFAC ALERT – HAVE YOU APPLIED FOR CREDIT AND BEEN DENIED?

Have you applied for credit and been denied because your credit report had a OFAC alert?  Keep reading....An OFAC alert is an alert given to your potential creditors (landlords, car dealers, credit card companies) when your name matches a name on the Treasury Department's Office of Foreign Assets Control (OFAC) watch list.  The persons named on the OFAC list are [...]

RESOLVE TO BE AN INFORMED CONSUMER

As you jot down your list of resolutions for 2012, why not consider a few to help you become more empowered in the marketplace? The Federal Trade Commission (FTC) and other NCPW partner agencies and organizations, offer free resources on a variety of topics to help you make informed consumer decisions.  In fact, there’s pretty [...]

MILITARY IDENTITY THEFT TIPS

MILITARY PERSONNEL & FAMILIES FIGHTING BACK AGAINST IDENTITY THEFT Active Duty Alerts: If you are deployed away from your usual duty station and do not expect to seek new credit while you are deployed, consider placing an “active duty alert” on your credit report. An active duty alert requires creditors to take steps to verify [...]

BANK OF AMERICA SETTLES CLASS ACTION FOR $335 MILLION

Bank of America (BOA) has agreed to pay $335 million to settle a lawsuit alleging BOA charged different rates for home loans based on “race or national origin.”  The lawsuit claims Countrywide Financial Corp., owned by Bank of America, charged higher fees to “black and Hispanic borrowers.”  The settlement will affect more than 200,000 borrowers. [...]

ID THEFT RING BROKEN UP BY TENNESSEE TROOPERS

Carlton Lewis, 25, was sentenced to almost 6 years in prison for his involvement in a Southeastern identity theft ring.  Lewis was about to receive a doctorate degree from the University of Georgia when he was arrested in Tennessee in March 2011.  Lewis was first charged with a DUI, but federal law enforcement helped build [...]

IDENTITY THEFT IN THE NEWS: WEEKLY UPDATE

  Identity theft probe includes Clay County victims Clay Today Online There are at least 20 victims of identity theft in Clay County and the amount stolen is at least $10000, the Sheriff's Office said. All the Clay County victims had accounts on file at the Eagle Harbor Golf Club where Mr. Janitor was contracted [...]

Identity Theft Victim – Idaho Attorney General’s Consumer Protection Division

Idaho’s Brett DeLange, chief of the Idaho Attorney General’s Consumer Protection Division, falls victim to identity thief.  Not long ago, DeLange was contacted by a store to confirm his purchase of multiple video cameras.  An identity thief somehow obtained DeLange’s credit card number and 3 digit security code and ordered the video cameras. After DeLange was [...]

ROCKYOU DATA BREACH CLASS ACTION POISED FOR SETTLEMENT

When Alan Claridge's personal information was compromised in the breach of data from RockYou in 2009, he sued the company for damages. Last week, after two years in litigation, a settlement was proposed -- and legal experts say it might prop the door open for more lawsuits. According to the proposed settlement agreement, the judgment in Claridge's [...]