Epsilon agrees to pay $150m fine to DoJ for selling data to fraudsters
Marketing company Epsilon Data Management has agreed a $150m settlement with the United States’ Department of Justice (DoJ) to resolve a criminal charge for selling data on more than 30 million Americans to perpetrators of fraud schemes who were targeting older people.
The deferred prosecution agreement (DPA) includes Epsilon selecting and covering the costs of an independent claims administrator to distribute $127.5m compensation to victims with established losses caused by fraud schemes which used the company’s data.
Source: Epsilon agrees to pay $150m fine to DoJ for selling data to fraudsters