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Capital One

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Capital One Kept $2B In Savings Account Interest From Banking Customers, CFPB Suit Says Capital One Kept $2B In Savings Account Interest From Banking Customers, CFPB Suit Says
Capital One Kept $2B In Savings Account Interest From Banking Customers, Cfpb Suit Says The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Capital One and its parent company, the agency said in a news release on Tuesday, Jan. 14. The CFPB accused Capital One of marketing its "360 Savings" accounts as offering some of the nation's highest interest rates but froze those rates while competitors' rates climbed. Simultaneously, the bank introduced a nearly identical product, "360 …

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by Chris Spiker
News
Massachusetts Man Admits To Attempting To Buy $83K Sports Car Using Stolen IDs Massachusetts Man Admits To Attempting To Buy $83K Sports Car Using Stolen IDs
Massachusetts Man Admits To Attempting To Buy $83K Sports Car Using Stolen IDs A Massachusetts man pleaded guilty to attempting to buy an $83,000 Chevrolet Camaro using two victims' stolen identities. Worcester County resident Brandon Brouillard, age 28, of Worcester, made the plea on Thursday, April 8, said the US Attorney’s Office District of Massachusetts.  According to court documents, in February 2021, Brouillard used the identity of a New Hampshire resident to open a bank account at Avidia Bank by wiring $108,000 from another individual’s Bank of America account.  Brouillard also fraudulently obtained a New Hampshire driver’s license in the …

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by Kathy Reakes