New York Paralegal Blog

Lin Mun Poo, a resident and citizen of Malaysia, pleaded guilty to possessing stolen credit and debit card numbers. The plea was taken this morning before United States District Judge Dora L. Irizarry at the U.S. Courthouse, 225 Cadman Plaza East, Brooklyn, New York. Based on his plea, the defendant faces a maximum sentence of 10 years’ imprisonment. The guilty plea was announced by Loretta E. Lynch, United States Attorney for the Eastern District of New York and Brian G. Parr, Special Agent-in-Charge, United States Secret Service, New York Field Office. In today’s proceedings, the defendant admitted that he possessed credit and debit card information belonging to others. The defendant also admitted that he compromised a computer server belonging to the Federal Reserve Bank, and that he installed a malicious code onto that server. According to the government’s filings in this case, the defendant made a career of compromising computer servers belonging to financial institutions, d...

A debit card company that charged consumers a fee for a debit card they had ordered unknowingly while applying for a payday loan online, has agreed to settle Federal Trade Commission charges that the company and its principals violated federal law. The settlement bars future violations and requires the company’s owner to pay $52,000. The FTC also filed suit in federal court, charging the company’s marketing affiliate and its principals with deceptive marketing practices and seeking to bar the deception and obtain redress for consumers. The FTC alleged that thousands of consumers who applied for a payday loan online were charged up to $54.95 for a prepaid debit card with a zero balance. According to the FTC, the debit card company sold Visa- and MasterCard-brand debit cards through a payday loan marketer whose Web site homepages contained a loan application form and a button for submitting it. On numerous Web sites, consumers who clicked the submit button were taken to another page of...