Worse Than Choicepoint: The FTC?
So part of Choicepoint’s settlement with the FTC was a $5m fund to compensate their victims. Now, there were 167,000 victims, of whom 800+ had their identities abused by fraudsters. None have gotten any money:
Jessica Rich, assistant director of the FTC’s division of privacy and identity theft, said in a statement released to AP on Wednesday that “law enforcement is still identifying victims and we want to make sure we have the right people.”
(From the AP, “FTC Yet To Pay Choicepoint Victims.”) [link to http://news.yahoo.com/s/ap/20060920/ap_on_bi_ge/choicepoint_ftc no longer works]
When giants play, bugs get stepped on and squashed.