8KPAX – The Federal Trade Commission (FTC) is charging online background check companies Instant Checkmate and TruthFinder for allegedly deceiving customers. The FTC claims that the companies inaccurately reported criminal or arrest records based on minor infractions like traffic tickets and failed to verify the accuracy of their data. By advertising their services for tenant and employment screening, the companies fall under the Fair Credit Reporting Act (FCRA) and have violated it by not ensuring the accuracy of their reports. The FTC is seeking a combined fine of $5.8M. Despite these allegations, both companies maintain A+ ratings with the Better Business Bureau.
