CFPB Fined Citigroup Again: 28.8 million dollars

Original article: Fortune Finance Citigroup mortgage units have been fined $28.8 million for keeping home borrowers in the dark about options to avoid foreclosure and making it difficult for them to apply for relief, the U.S. consumer finance watchdog said on Monday. CitiMortgage will pay an estimated $17 million to compensate wronged consumers, as well as a civil penalty of $3 million, the Consumer Financial Protection […]

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Western Union Settlement: 586 Million

You probably know that Western Union runs money transfer services in the US and worldwide. What you might not know is that, according to the FTC, Western Union has known for years that scammers were using its system to commit significant fraud. Even when faced with clear evidence that many of its agents were committing fraud, Western Union kept taking people’s money. Probably billions in […]

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Scam: Credit Bureau Center, LLC

Attorney, FTC, Division of Consumer & Business Education Renting an apartment online? First, let me tell you about the FTC’s case against Credit Bureau Center, LLC – a company that posted fake online rentals to lure people to their credit monitoring sites. How does this scam work? You’re looking at photos of rentals, on a site like Craigslist. You email the owner who says the […]

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