Continuing Sad Saga of T3
Published: Thu, 04/21/16
CFPB Takes Action Against Co-Founders of Online Lead Aggregator T3Leads.
The Consumer Financial Protection Bureau (CFPB) today took action against two co-founders of a company that resold loan_applications containing sensitive personal data to lenders and data brokers without assessing the sources of those leads or the purchasers they sold to.
In complaints filed today in federal court, the CFPB alleged that Dmitry Fomichev and Davit Gasparyan (also known as David Gasparyan) co-founded and operated T3Leads, a lead aggregator that bought and sold payday and installment loan applications without properly vetting buyers and sellers.
The CFPB filed a separate lawsuit against T3Leads and two other individuals in December 2015.
“T3Leads steered consumers toward bad deals...
Continue reading at CFPB Website:
http://www.consumerfinance.gov/newsroom/cfpb-takes-action-against-co-founders-of-online-lead-aggregator/