47 F
New York
Tuesday, March 19, 2019

Citibank Forced to Pay 6.5 Million in Fines for Illegal Student Loan Practices

An investigation by the Consumer Financial Protection Bureau (CFPB) has uncovered the company wide use of illegal practises in dealing with student loans at...

Western Union to Issue Refunds to Scammed Consumers

Between January 1, 2004 and January 19, 2017, consumers were scammed into sending more than $500 million to fraudsters through Western Union. In a...

Georgia-based Business Charged with Taking More Than $3 Mill from Consumers

Georgia-based company Global Processing Solutions, LLC (formerly known as Global Processing Solutions, Inc.,) along with more ten other defendants, are charged in federal court...

Indictments for Financial Crimes – Trump Administration Warms Up

The federal grand jury used by Special Counsel Robert Mueller handed down its first indictments related to the investigation of Russian interference in the...

De Blasio-linked hedge fund bribery trial begins

Federal prosecutors called their star witness in a bribery case against a one-time New York City prison union boss. According to the U.S. Attorney's...

NetSpend Issues Refund to Some Consumers as Part of Settlement of FTC Claims

NetSpend agreed to refund $53 million in refunds to consumers who were denied access to their NetSpend cards after a deposit was made. The...
A modern boardroom or meting room in black and white with 12 chairs hedge fund

Hedge fund manager attempting takeover at ADP

A Wall Street hedge fund manager has started a fight with ADP management for control of the paycheck processing company. You’ve probably never heard the...
Golden Bitcoin Cryptocurrency on computer circuit board. hedge fund

Do cryptocurrency hedge funds even hedge?

Cryptocurrency might be the only thing more confusing than hedge funds. So cryptocurrency hedge funds could make your head explode. And The New York...
Hedge Fund - type of financial institutions. US Dollar texture. 3D illustration.

Hedge Funds Own More Stock Than Ever

Hedge funds own $1.4 trillion in stocks, according to a Bank of America report. That’s the most ever, surpassing the old record set in...
New York Attorney General Eric Schneiderman

Continental Finance to Refund Credit Card Fee to New York Consumers

Continental Finance Company agreed to settle the allegations of New York Attorney General Eric Schneiderman involving its credit card fee. Schneiderman announced the settlement...

Must Read

Microsoft to acquire UpWork? It’s Only a Matter of Time

The relationship between Microsoft and UpWork has blossomed significantly over the last three months. What started as an exclusive partnership integrating UpWork into Microsoft...