FACTA Law – Document Destruction Required
By Will Shanley The Denver Post Federal law – document destruction required even small businesses to adopt practice to fight identity theft. Shredding facts • Possible penalties for violating new federal document-destruction provisions: • Federal fines: Up to $2,500 for each violation. • Civil lawsuits: Consumers may recover actual and punitive damages, as well as…
Read MoreFACTA – The fair and accurate credit transaction Act
FACTA – The fair and accurate credit transaction Act I bet this is one most of you didn’t know about. I didn’t until Al’s Morning Meeting reader Elliot Weiler, Consumer Reporter at WBRE-TV, told me about it. The Fair and Accurate Credit Transactions Act (FACTA) got a lot of press some months ago because it…
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