S 380-o. Obtaining or introducing information under false pretenses; penalty. 1. Any person who knowingly and willfully obtains information concerning a consumer from a consumer reporting agency under false pretenses shall, upon conviction, be fined not more than five thousand dollars or imprisoned not more than one year, or both. 2. Any person who knowingly and willfully introduces, attempts to introduce or causes to be introduced, false information into a consumer reporting agency`s files for the purpose of wrongfully damaging or wrongfully enhancing the credit information of any individual shall, upon conviction, be fined not more than five thousand dollars or imprisoned not more than one year, or both. 3. This section shall not apply to statements filed pursuant to paragraph two of subdivision (c) of section three hundred eighty-f of this chapter. They have provided false info on my EQ report 3 times! Cha-ching!
Re: And this is how I get $5K from If you keep reading you will see that the consumer also gets to sue! And it was NOT an article it is the law posting!
Re: And this is how I get $5K from The current amount is $2.5K, and is based on a different section from the one quoted. The term "article" refers to a paragraph in a legal text. For example, the different parts in the U.S. Constitution are also called "Articles". Saar
Re: And this is how I get $5K from Saar is 100 % correct. What you posted there specifically says "upon conviction, be fined not more than five thousand dollars or imprisoned not more than one year, or both. It says nothing about a consumers right to collect.