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9 December, 21:45

Mandy calls a local newspaper and pretends to be a neighbor who is away for the winter. She obtains account history and orders the newspaper for six months. Has Mandy committed a fraud? If yes, under which act

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  1. 9 December, 22:05
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    Answer: Yes, Mandy has committed crime under Gramm-leach Bliley Act

    Explanation:

    Gramm-Leach Bliley Act is the regulation that got introduced regarding financial modernization in 1999. This law asks for explanation from the financial department and institute to defined about their safety measure regarding custom's personal information and data sharing. It is questioned for maintaining protection and confidentiality of information.

    According to the question, Mandy is breaching Gramm-leach Bliley Act by asking for personal information of account and placing order for 6 months newspaper. She is violating the law as confidentiality of account history is being tampered.
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