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XYZ bosses pay $1.5 million to settle Fed’s loan scam claims

Some of XYZ’s top executives have agreed to pay $1.5 million to settle a US Federal Trade Commission lawsuit alleging they “deceptively” harvested vast amounts of personal data on millions of people and sold it “indiscriminately” to third parties including potential scammers and identity thieves. The FTC says that the execs, through a network of […]

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