9 of the Biggest Financial Fraud Cases in Recent History
One of the largest corporate fraud cases of the 21st century is Enron, dubbed "America's Most Innovative Company" by Fortune ...
Walmart accused of illegally opening costly accounts for drivers
Walmart and Branch Messenger, a payments platform, accused of deceiving workers about pay from retailer for two years.
WWNO15d
A new FTC rule cracks down on 'junk' fees. Here's what to expect
In February 2023, President Biden promised in his State of the Union address to take on what he called junk fees, credit card late fees, bank overdraft ... It is already illegal in California ...
6abc News18d
Former Delaware bank teller accused of stealing $81K from customers' accounts
WILMINGTON, Del. (WPVI) -- A former Citizens Bank teller in Delaware is accused of stealing tens of thousands of dollars from the accounts of customers. Police say the suspect, 35-year-old Vannia ...
The New York Times18d
Hidden ‘Junk’ Fees Must Be Disclosed, F.T.C. Rule Says
cleaning fees and resort fees — often characterized as “junk fees” — in the total prices that are advertised to consumers. The rule, which becomes effective 120 days after it’s published ...
Investing18d
CFPB takes measures against illegal credit card practices, takes action against American Express and Bank of America
The CFPB has also taken action against issuers such as American Express (NYSE:AXP) and Bank of America for illegal ... card accounts is a private label retail card, with over 160 million open ...
Hosted on MSN19d
FTC banning hidden 'junk fees' on live events and hotels
Businesses will now be required to disclose total prices upfront and eliminate hidden fees like "convenience ... CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment ...
Boston Herald19d
‘Junk fees’ get tossed with new FTC rule on concert tickets, hotels
The Biden Administration notched another victory in the war against unnecessary consumer fees on Tuesday, when the Federal Trade Commission announced their final “junk fees rule” had been ...
Yahoo19d
Hidden ticket fees and vacation rental charges banned in America
In the last three years, the FTC has announced actions against companies like Invitation Homes and Vonage for charging consumers junk fees. Biden spoke of his intention to crack down on hidden ...
WGAL19d
FTC bans hidden junk fees in hotel and ticket bookings
In the last three years, the FTC has announced actions against companies like Invitation Homes and Vonage for charging consumers junk fees.Biden spoke of his intention to crack down on hidden fees ...
Bloomberg L.P.19d
BofA’s Moynihan Says Regulators Need ‘Sober Look’ at Bank Rules
BofA’s Moynihan Says Regulators Need ‘Sober Look’ at Bank Rules CEO Says deregulation will be Trump’s biggest impact on banks Sees rate cuts, election enthusiasm boosting consumer spending ...
heraldsun.com.au19d
ASIC mulls enforcement action against ANZ over charging fees to dead people’s accounts
The core matter ASIC is investigating, among other concerns within ANZ’s retail division, relates to the bank ... charging life insurance premiums and advice fees from the superannuation ...