A complaince officer at a local FI told me that the FACT Act now allows for law enforcement to obtain some financial records of customers without a subpoena. I cannot locate this provision in my copy of the FACT Act?? Is any one else aware of this? If so, can someone please post a link.

Just happened to get an email from BOL this morning addressing the isssue promoting the following seminar:

http://calendar.bollearningconnect.com/main.php?view=event&eventid=1159365073439

Thanks Dan. Ill have to try and convince the powers that be to spring for this seminar.

Try looking at 609(e) re identity theft and consumers right to request certain records in certain circumstances.

See also the FTC's website for more info. (I don't know how to link, so I hope this works! - if not, copy and paste into your browser): www.ftc.gov/bcp/edu/pubs/business/idtheft/bus66.pdf

Are forgeries considered identity theft?

Forgeries can be a form of ID Theft, huntik.

I think Section 627 [1681v] is what you are looking for re: supplying reports to the Gov for counterintelligence without a court order. Under 627 a written certification is required. Section 626 deals with the FBI and court orders, etc.

David Szwak, Esq.
http://www.MyFairCredit.com
http://www.MyFairDebt.com

I think those sections are directed to the bureaus not the FIs