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Wed., Sep. 2
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Schneiderman and Cordray: protect servicemembers from ripoffs


A case of ripping off soldiers that originated in Watertown will be front and center in Washington, D.C. at a news conference with financial cop bigwigs.
Richard Cordray, the director of the Consumer Financial Protection Bureau, and New York Attorney General Eric Schneiderman will announce a new measure to protect servicemembers from getting ripped off.
10th Mountain Division soldiers who were fighting in Afghanistan were also fighting a sleazy electronics company that was charging usurious interest rates for broken laptops. SmartBuy operated out of the Salmon Run Mall.
The Consumer Financial Protection Bureau, with its brand new director, was put into place after the 2008 market meltdown.
The new law enforcement partnership will be announced at a 10:45 a.m. news conference in D.C.

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