Pay day loans company and its director prosecuted for failing to register

[citizenB]

News release: 8 October 2013

 

A pay day loans company based in London and its director have been prosecuted by the Information Commissioner’s Office (ICO) today after failing to register that the business was processing personal information.

 

Under the Data Protection Act (DPA), organisations processing personal information are required to register with the ICO. Most organisations will be required to pay an annual notification fee of £35 and provide details about the types of information they process. Failure to notify is a criminal offence and could lead to a fine of up to £5,000 in a Magistrates Court, or unlimited fines in a Crown Court.

 

Hamed Shabani, the sole director of First Financial, was convicted under section 61 of the Data Protection Act at City of London Magistrates Court today.

 

 

 

Full report... http://www.ico.org.uk/news/latest_news/2013/pay-day-loans-company-and-its-director-prosecuted-for-failing-to-register-08102013

[renegadeimp]

And the sentence was pretty much nothing considering the amount of money he probably made and still makes.

 

He has been fined £150 and has also been ordered to pay £1,010.66 towards prosecution costs, as well as a £20 victims’ surcharge. The company, was convicted under section 17 of the Act and has been fined £500 and has also been ordered to pay £1,010.66 towards prosecution costs, as well as a £50 victims’ surcharge.