Amazon.com Inc. has agreed to pay $2.25 million to resolve U.S. Federal Trade Commission (FTC) allegations tied to identity theft. The FTC claims that Amazon routinely fails to provide records that could help customers who become victims of identity theft, including information about purchases made using fraudulent accounts. According to the complaint, Amazon’s alleged conduct violates provisions of the Fair Credit Reporting Act. The settlement ends the FTC’s case in the U.S., with Amazon neither publicly described as admitting wrongdoing nor disputing the settlement outcome in the reports summarized. The $2.25 million payment is framed as a settlement amount to resolve the agency’s claims and bring the matter to a close. The dispute centers on whether Amazon provides sufficient transaction records to assist affected customers in identifying and responding to unauthorized purchases. The agreement follows earlier reporting that the FTC sought a settlement over Amazon’s handling of identity theft-related record requests.
Amazon to Pay $2.25 Million to Settle FTC Identity Theft Records Case
Amazon.com Inc. has agreed to pay $2.25 million to resolve U.S. Federal Trade Commission (FTC) allegations tied to identity theft. The FTC claims that Amazon routinely fails to provide records that co...
- Amazon agrees to pay $2.25 million to settle U.S. claims brought by the FTC.
- The FTC alleges Amazon fails to provide records that would help identity theft victims.
- The complaint says the issue involves information about purchases made with fraudulent accounts.
- The FTC says the conduct violates requirements under the Fair Credit Reporting Act.
- The settlement resolves the FTC case in the U.S.
The retailer allegedly failed to meet requirements under the Fair Credit Reporting Act.
3 hours agoThe Federal Trade Commission fined Amazon $2.25 million to settle claims that the company failed to help customers who fell victim to identity theft, as reported earlier by Bloomberg. In its complaint, the FTC accuses Amazon of refusing to provide customers with information about purchases made with fraudulent accounts, in violation of the Fair Credit […]
4 hours agoAmazon.com Inc. agreed to pay $2.25 million to settle US claims that it routinely failed to provide records to help customers who were victims of identity theft.
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