Advertisement

DOD, FTC, CFPB Developing Database to Protect Military from Fraud

The Department of Defense, Consumer Financial Protection Bureau and the Federal Trade Commission announced the development of a new database to combat consumer financial fraud directed at military members, veterans and their families.

The Repeat Offenders Against Military database will track completed enforcement actions against companies and individuals who repeatedly scam military personnel.

“As a former Ohio Attorney General, I know how frustrating it is to expose a scam and then see it take root in another state. The ROAM database will help law enforcement crack down on frauds that cross state lines,” said CFPB Director Richard Cordray. “ROAM is a huge step forward in our mission to improve consumer protection for the military community.”

Law enforcement officials can contribute data and request access to the database, which should be up and running by early February, by sending an email to ROAMDatabase@cfpb.gov.

Latest Podcasts