And don’t forget about the federal Consumer Financial Protection Board (at least for the next few days) and your state’s consumer law resources at the Department of Justice or maybe other departments. Your own state’s legal services organizations and your own school’s legal services office may also have free information and legal assistance for you.
If you haven’t seen these 2 articles in your news feeds then you’re not doing your consumer law education reading:
New York Times articles, by Jessica Silver-Greenberg and Michael Corkery, November 2015:
A few days ago a Trimet buddy told his fellow riders about an appalling tax return grab and go theft that happened at the downtown post office earlier this week. He was jostled from behind and when he turned the mail in his hand was grabbed, including, especially, the easily identifiable IRS tax return envelope.
He spent the remainder of the day, and week, doing the rounds of police, credit reporting agencies, IRS, and all the other ID theft checklist items, including a couple hours looking at security video, sadly to no avail.
Yes it’s a lesson to file electronically, but it’s also a lesson we all need to keep in mind – watch out for other people and not always strangers who invade your personal space. And keep those valuables out of sight!
It is of the “financial thriller” genre, and no less riveting than Harry Markopolos’s “No one would listen” (about Bernie Madoff and, also, the [insert your own appropriate adjective here] SEC).
Note: HFT = High Frequency Trader
One day you will need or thank the Consumer Financial Protection Bureau (CFPB), just as we need or thank the Federal Trade Commission’s Bureau of Consumer Protection.