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Fifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer Financial Protection Bureau to settle a CFPB investigation into its auto insurance practices, and ...
Scott Tucker (born May 5, 1962) is an American convicted racketeer, loan shark, fraudster, and money launderer who used his illegal funds to finance – and drive for – his own sports car endurance racing team. In 1991, Tucker was convicted for his illegal activities, including mail fraud, associated with a bogus lending company he operated ...
Google Maps. CarShield, a company that sells vehicle service contracts to automobile owners that it claims will cover the cost of certain repairs, has agreed to pay $10 million in a settlement ...
A consumer inquires about a payday loan or short-term credit online and is asked for a long list of personal information. The lender is a shell firm; the loan might never be made, but the victim's personal information is now in the hands of scammers who sell it to a fraudulent collection agency.
Originally named Allen Manufacturing Company, the business produced hexagonal set screws and wrenches to fasten them. The terms "Allen wrench" (American English) and "Allen key" (British English) [3] are derived from the Allen brand name and refer to the generic product category "hex keys". W.G. Allen [4] filed the first related patent in 1909 ...
They paid $6,000 for the car “as is” (without a warranty) and another $955 for a service contract, which would cover repairs for the first 12 months, or the first 12,000 miles, whichever came ...
Andrew Lo, MIT Professor of Finance The Libor scandal was a series of fraudulent actions connected to the Libor (London Inter-bank Offered Rate) and also the resulting investigation and reaction. Libor is an average interest rate calculated through submissions of interest rates by major banks across the world. The scandal arose when it was discovered in 2012 that banks were falsely inflating ...
July 12, 2024 at 10:37 AM. Roy Rochlin/Getty Images. AT&T is reporting it was the victim of what is likely one of the largest data breaches of the year, as hackers obtained phone call and text ...