PRIVACY PROTECTION
In 2007 the Federal Trade Commission (FTC) took action against the American United Mortgage Company for an offense that took place in 2005 in violation of the Fair and Accurate Credit Transactions Act (FACTA). The complaint asserted that the business had disposed of personal information by leaving intact hundreds of documents in a nearby unsecured dumpster, in some cases in open trash bags. According to the FTC’s complaint, “American United collects personal information about consumers, including Social Security numbers, bank and credit card account numbers, income and credit histories, and consumer reports. Among other things, the company allegedly failed to implement reasonable policies and procedures requiring the proper ...
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