Cash advance Network Sold Information to Scammers

In-depth safety news and investigation

The Federal Trade Commission announced this week it really is suing a customer information broker that offered cash advance application information to scammers whom utilized the knowledge to pull cash away from consumer bank reports. The scam brings in your thoughts an identity that is underground solution we composed about in 2012 which was gathering its information from the system of cash advance internet web sites.

“At minimum those types of marketers, Ideal Financial possibilities – a defendant an additional FTC situation – allegedly utilized the data to withdraw vast amounts from customers accounts that are their authorization,” the FTC stated. Plus »