Data Broker Must Pay $4.1M For Selling Sensitive Information To Scammers

The Federal Trade Commission announced today that a group of defendants settled charges they knowingly provided scammers with the personal information – including Social Security numbers and bank account numbers — of hundreds of thousands of consumers to alleged scammers.

According to the FTC’s original complaint [PDF] against John Ayers, LeapLab, Leads Company, and SiteSearch, the companies bought hundreds of thousands of loan applications submitted by financially vulnerable consumers to payday loan sites.

Source: Data Broker Must Pay $4.1M For Selling Sensitive Information To Scammers – Consumerist

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