FTC Gets $3.6 Million Judgment Against Payment Processor

jake321

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FTC Gets $3.6 Million Judgment Against Companies that Allegedly Debited Money from Consumers' Bank Accounts Without Permission

11/05/2010
A 2007 complaint filed by the FTC and seven states alleges that Your Money Access, LLC and its subsidiary, YMA Company, LLC, processed unauthorized debits on behalf of deceptive telemarketers and Internet-based schemes that were violating the FTC’s Telemarketing Sales Rule and state consumer protection laws.

IF they owe you, the line just got longer...
 


Well compared to the scandal in Germany in which 3 persons are supposed to have done a total damage of unauthorized debits on behalf of telemarketing companies and a suspected damage of around 27 millions this seems like peanuts :)
 
This makes you think about the safety of your bank account, your privacy and so much more. But, I'll be that money is like a drop in the bucket to those companies who scammed consumers...