Banks have “know your customer” requirements. Since companies must pay out to lead generators, I assume this means they have to know them with taxids and whatn

Banks have “know your customer” requirements. Since companies must pay out to lead generators, I assume this means they have to know them with taxids and whatnot if they are paying out large sums. By fining the companies using the leads it takes the headache away from the regulator and puts it on the company. Set up some sort of statutory damages process where I record the call and get to the point where I get transferred to someone who says “I work for FooCorp and sell warranties, please give me your credit card.” I send that recording to a regulator, fines the company $300, keeps $50 to fund itself and pays me $250 as the victim. This seems like it will quickly make companies strictly vet their lead generations. It seems pretty bad that any company exists based on cold calling genera consumers. All those companies should go bankrupt for sucking.