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Amazon will pay $2.25 million to settle FTC identity theft case

Amazon will pay $2.25 million to settle FTC identity theft case

The retailer allegedly failed to meet requirements under the Fair Credit Reporting Act. Amazon has agreed to pay $2.25 million in civil penalties to settle a case with the US Federal Trade Commission regarding victims of identity theft. The regulator said the tech giant violated the Fair Credit Reporting Act when it refused to provide those victims, and, in some cases, law enforcement agencies, with transaction records from its online retail business. We reached out to Amazon for comment on the settlement, and will update this article if we hear back. The FCRA requires companies to provide peo...

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