Consumer Task Force Launches Campaign Against Lending Fraud

Law360, New York (February 13, 2012, 3:25 PM EST) -- A coalition of federal and state regulators on Friday began a coordinated effort to protect consumers from fraud promulgated by lenders, telemarketers and other entities that orchestrate schemes that take advantage of the public.

At their first meeting in Washington, the Consumer Protection Working Group, which was formed under President Barack Obama's Financial Fraud Enforcement Task Force, set priorities and discussed taking collaborative steps to seek out and prosecute consumer fraud as well as to protect consumers from fraud before it happens through outreach and education,...
To view the full article, register now.