Experian Accused of Selling Consumer Data to Scammers

Discussion in 'Other Credit Card Programs' started by MX, Oct 21, 2013.  |  Print Topic

  1. MX

    MX Gold Member

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    Experian is accused of selling Social Security & drivers license numbers, as well as other consumer data, to an identity theft service based in Vietnam. While I'm generally wary of such sensational claims, this one appears to be well documented. If the charges are proven in court, this may end up as big a scam as rating AAA-debt for subprime mortgage securities.
     
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  2. moongoddess

    moongoddess Silver Member

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    Holy Crap!!! If the accusations turn out to be true, Experian needs to have its corporate charter revoked and senior execs should be seeing some serious jail time.
     
    Last edited: Oct 22, 2013
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  3. MX

    MX Gold Member

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    Kudos to the US Secret Service for apparently uncovering this scam. If things start to point to Experian's demise, I hope there's a competent agency that can seize and professionally secure all personal data to prevent further sales.
     
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  4. vickers

    vickers Gold Member

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    nice........ a credit bureau at that.................
     
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  5. moongoddess

    moongoddess Silver Member

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    Quis custodiet ipsos custodes?
     
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  6. vickers

    vickers Gold Member

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    uh...........................
     
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  7. moongoddess

    moongoddess Silver Member

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    It's a well known Latin phrase, usually translated as "Who watches the watchmen?" or "Who guards the guardians?" The problem, of course, being that those who have access to highly sensitive data or materials need to be more ethical than most - but since we can't reliably test for good character, all to often they are not.
     
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