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Violation Tracker Individual Record

Company: Automated Electronic Checking Inc.
Penalty: $950,000
Year: 2013
Date: March 13, 2013
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: A payment processor and two of its principals were banned from processing electronic payments under a settlement with the Federal Trade Commission, which resolved charges that they debited, or tried to debit, millions of dollars from tens of thousands of consumers' bank accounts without their consent.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.