Joint Effort Will Fight Fraud Against Military Members
Database will combat financial fraud nationwide
01/26/2012
Truman Lewis
ConsumerAffairs.com
Military
A new federal-state effort will fight fraud against members of the military. The Consumer Financial Protection Bureau (CFPB), the Department of Defense, and the Federal Trade Commission (FTC) were joined by the New York Attorney General to announce the development of a database to combat consumer financial frauds directed at military members, veterans, and their families.
The Repeat Offenders Against Military (ROAM) Database will track completed enforcement actions against companies and individuals who repeatedly scam military personnel.
“As a former Ohio Attorney General, I know how frustrating it is to expose a scam and then see it take root in another state. The ROAM database will help law enforcement crack down on frauds that cross state lines,” said CFPB Director Richard Cordray. “ROAM is a huge step forward in our mission to improve consumer protection for the military community.”
Please read complete article at link below:
http://www.consumeraffairs.com/news04/2012/01/joint-effort-will-fight-fraud-against-military-members.html
Wednesday, February 29, 2012
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