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Business and Financial
On November 4, 2022, the National Republican Senatorial Committee (NRSC), National Republican Congressional Committee (NRCC), James David Vance, and Steven Joseph Chabot (collectively plaintiffs), filed suit against the Commission in the United States District Court for the Southern District of…
The Federal Trade Commission is sending payments totaling more than $9.8 million to consumers who were harmed by Illinois-based Napleton Automotive Group’s junk fees and discriminatory practices. The agency is sending 66,355 checks, averaging $147 each. Recipients should cash checks…
“Pig butchering†and other scams lead list of crypto-asset complaints Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) has released a new complaint bulletin that highlights complaints the CFPB received related to crypto-assets. Consumers most commonly reported being victimized…
When consumer reporting companies and furnishers fail to investigate disputed information, consumers are left paying higher interest rates and face greater difficulty finding housing, employment Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) has issued a circular to affirm…
Following a public comment period, the Federal Trade Commission has finalized a consent order against JAB Consumer Partners designed to prevent the private equity firm from further consolidating control over specialty and emergency veterinary clinics. As a condition of JAB’s…
CHEYENNE, Wyo. – In accordance with congressional direction in the Inflation Reduction Act, Bureau of Land Management Wyoming started a 30-day scoping period to receive public input on 209 parcels totaling 251,086 acres that may be included in an upcoming…
Repeat offender will refund at least $141 million to customers and pay $50 million penalty Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) is ordering Regions Bank to pay $50 million into the CFPB’s victims relief fund and to…
A Florida man has pleaded guilty to conspiracy to commit securities fraud in connection with a global cryptocurrency-based Ponzi scheme that took in approximately $100 million from investors. According to court documents, Joshua David Nicholas, 28, of Stuart, was the…
A federal jury convicted the president of a Silicon Valley-based medical technology company yesterday of participating in a scheme to mislead investors, commit health care fraud, and pay illegal kickbacks in connection with the submission of over $77 million in…
By Karen Hobbs Today, people expect to swipe, dip, tap, enter, and use their credit and debit cards everywhere — including at small businesses, local shops, and neighborhood restaurants. If you own a small business, you’ve probably gotten a sales…
The CEO of Titanium Blockchain Infrastructure Services Inc. (TBIS) pleaded guilty Friday for his role in a cryptocurrency fraud scheme involving TBIS’s initial coin offering (ICO) that raised approximately $21 million from investors in the United States and overseas. According…
CBO and the staff of the Joint Committee on Taxation estimate that lowering the age of Medicare eligibility to 60 would increase federal budget deficits, change primary sources of health insurance, and increase the number of people insured. In this…