Bank of America to Pay $10 Million Fine for Processing Illegal Garnishments
The Consumer Financial Protection Bureau (CFPB) ordered Bank of America (NYSE: BAC) to pay a civil penalty of $10 million for processing illegal garnishments against its customers’ accounts. In addition…
By – Marivic Cabural SummersLatest news
EU plans new restrictions on Russian real estate, oil and banks
The European Union Commission has proposed to restrict all property deals with Russian citizens, residents, and companies. This…
By Jackie AllenSEC Sues Synergy Settlement Services for Defrauding Individuals with Disabilities
The Securities and Exchange Commission (SEC) filed a lawsuit against Synergy Settlement Services, Inc. for allegedly defrauding individuals…
By Marivic Cabural SummersFlash loan attacks steal crypto millions in seconds
Saddle Finance lost over $11 million to hackers on Saturday, April 30th. April was a record-setting month for…
By Jackie AllenTrump Remains In Contempt, Must Submit Affidavit Detailing Whereabouts of Files Sought By New York AG
Former President Donald Trump remains in contempt of court. The $10,00 a day penalty against him is still…
By Marivic Cabural SummersEx-NFL Team Owner Reginald Fowler Pleads Guilty to Fraud Charges Related to $750 Million Cryptocurrency Transactions
Reginald Fowler, a former minority owner of National Football League (NFL) team Minnesota Vikings, pleaded guilty to fraud…
By Marivic Cabural SummersWarrior Trading to pay $3 million for making false earnings claims regarding its day-trading strategies
The Federal Trade Commission (FTC) stopped Warrior Trading and its CEO, Ross Cameron, from making false earnings claims…
By Marivic Cabural SummersSEC charges 16 people involve in $194 million “pump-and-dump” stock manipulation scheme
The Securities and Exchange Commission (SEC) filed charges against 16 individuals for their involvement in a global pump-and-dump…
By Marivic Cabural SummersFormer IRB Brazil RE Senior Executive Fernando Passos charged with fraud
The United States government filed fraud charges against Fernando Passos, the former executive vice president of finance and…
By Marivic Cabural SummersSanctions War: Russia hits Boris Johnson with ban
Putin Russia’s Foreign ministry “banned” the UK’s Prime Minister, Boris Johnson. Also banned from entering Russia were other…
By Jackie AllenSEC Charges Entities Behind A Nearly $450 million Ponzi Scheme
The Securities and Exchange Commission (SEC) filed a lawsuit against individuals and companies responsible for the nearly $50…
By Marivic Cabural SummersPopular News
Investigative Journalist Samuel Lopez Reports on Recent Developments in Bad Faith Claims and Insurance Law
Trump’s Legal Battles Fade as Presidential Return Changes the Game
Feds in Flux: Can AI Be Trusted at Trial? Panel Grapples with Regulating AI-Generated Evidence
Exposing Insurance Carriers’ Bad Faith Practices: How Florida Aims to Protect Policyholders
California’s New Insurance Mandate for Wildfire Zones: A Lifeline for Homeowners
