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 [...]

TAX IDENTITY THEFT AND TAX FRAUD HELP

The Internal Revenue Service (IRS) added a new webpage concerning tax fraud and identity theft.  The website now includes topics on “phishing” schemes, identity theft and protecting your Social Security number.   Click HERE to visit the website. What are signs that you may be a victim of tax identity theft? 1. You filed more than [...]

CompuCredit Corp. v. Greenwood – U.S. Supreme Court High Fee Credit Card Decision Lets Predatory Lenders Escape Justice

The National Consumer law center (NCLC) issued the following press release regarding the Supreme Court's decision in CompuCredit v. Greenwood. FOR IMMEDIATE RELEASE: January 10, 2012 U.S. Supreme Court High Fee Credit Card Decision Lets Predatory Lenders Escape Justice  CompuCredit Corp. v. Greenwood Decision Denies Basic Legal Right to Day in Court  (Washington, DC) The [...]

CORDRAY APPOINTED – PRESIDENT SUPPORTS CONSUMER PROTECTION DESPITE REPUBLICAN OPPOSITION

The long-delayed start of a new consumer protection bureau took a major step forward Wednesday when the White House defied Congressional Republicans who had been holding out for changes that consumer advocates say would have substantially weakened the agency. President Barack Obama announced a recess appointment to name Richard Cordray as the nation's chief consumer [...]

FACEBOOK MAKES SETTLEMENT IN PRINCIPAL WITH FTC OVER CONSUMER PRIVACY ISSUES

Facebook has reached a tentative settlement with the Federal Trade Commission on accusations that it deceived consumers that their private information on the social network would remain private when it wasn't, the FTC said Tuesday. Under the proposed settlement, Facebook promised to take a number of steps to live up to its promises, including giving [...]

U.S. Chamber’s Institute for Legal Reform Hypocrites?

The Institute for Legal Reform (ILR), an arm of the U.S. Chamber of Commerce, has the sole mission of restricting the ability of individuals harmed by negligent corporations to access the civil justice system. According to the multinational corporations that finance ILR, American businesses are hindered by too many lawsuits. Yet these same corporations show [...]

AMERITRADE ID THEFT VICTIMS TO COLLECT $2.5 MILLION TO $6.5 MILLION

Ameritrade identity theft victims may collect as much as $2,500 after a recent data breach settlement approved by a California judge.  The settlement will cost Ameritrade between $2.5 million and $6.5 million.  The judge did not approve a prior settlement agreement because anti-spam software and tighter security was not enough for the court.  Class members include [...]

TRICARE DATA LOSS – SERVICE MEMBERS’ PERSONAL INFORMATION STOLEN

The US Military’s healthcare program, TriCare, has confirmed that Science Applications International Corporation will cover the costs associated with notifying almost 5 million beneficiaries whose personal identifying information was stolen in September 2001.  The service member’s information was stolen from backup computer tapes, including Social Security numbers, addresses, and phone numbers.  The massive data theft [...]

BIRMINGHAM SOCIAL SECURITY ADMINSTRATION ID THEFT INCIDENT

A former Birmingham, Alabama Social Security Administration employee has been sentenced to more than 2 years in prison for identity theft.  The employee, Ame-Cherie Denise Thompson, 34, of Birmingham, Alabama used someone else’s Social Security number to get a car loan for a friend.  After Thompson gets out of prison, she will also have to serve 5 [...]

SUPREME COURT & BIG BUSINESS CRUSH CONSUMER RIGHTS

Are consumer class actions banned by the US Supreme Court ruling in Concepcion?  Here's an excerpt from an excellent article detailing how the Concepcion ruling is affecting consumers all over the US. If it seems easier lately for companies to add small fees on your bills and harder for you to get your money back, [...]