Combating Consumer Fraud

June 23, 2014

Attorney General Holder Lays Out Strong Action Against Financial Institutions and Third Party Processors that Facilitate Consumer Fraud

In this week's message, Attorney General Eric Holder described the Justice Department's work to protect consumers from scam artists by investigating financial institutions and third party processors that assist in, or willfully ignore, fraudulent behavior. In the days ahead, the Justice Department will keep moving forward - guided by the facts and the law - to eliminate fraud targeting consumers while mitigating any impact on institutions not under investigation. Ultimately, the goal of these investigations is to protect consumers from scam artists and collaborating institutions-and to safeguard honest, hardworking Americans from those who put their financial security in peril.

Updated May 24, 2022