Updated: Thursday, 29 Jan 2009, 4:01 PM EST
Published : Thursday, 29 Jan 2009, 4:01 PM EST
Hartford (AP) - Connecticut officials say the new owners of Countrywide
Financial Corp. have agreed to pay the state $350,000 and reimburse
customers who had to freeze their credit after a massive data
breach.
Attorney General Richard Blumenthal and Department of
Consumer Protection Commissioner Jerry Farrell said about 30,000
people in Connecticut were affected.
"Our settlement provides consumers with powerful protection against identity theft -- freezes that foil thieves by blocking new credit in a consumer's name," Blumenthal said.
Blumenthal said Bank of America, which purchased Countrywide
last year, has agreed to reimburse customers for the cost of
freezing their credit to prevent identification fraud.
The $350,000 paid to the state will go into its general fund.
Federal officials last year charged a former Countrywide
analyst and another man in an alleged scam to sell data from as
many as 2 million customers of the mortgage lender.
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