5 million from bank accounts, the FTC says. Consumer groups say the case underscores the dangers posed by the buying and selling of consumers personal data online.
The FTC has a target-rich environment for enforcement actions until Congress steps in to rein in their out-of-control sales of consumer information, said Ed Deferment in personal loan, consumer program director for U. PIRG, a nonprofit consumer advocacy group. As a result of Tuesdays settlements, the companies Coppinger and Rowland controlled can no longer participate in the lending business and are barred from debiting or billing consumers or making unauthorized electronic fund transfers.
Phil Greenfield, an attorney for Rowland, said his client already had stopped his lending activity voluntarily, long before the FTC filed the case. Rowland fully cooperated in the FTC investigation, and there was no evidence Mr.
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