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Capital One

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$1.4M Maryland Fraud: Couple Lived Large With Cruises, Exotic Birds, Home Renovations: Feds $1.4M Maryland Fraud: Couple Lived Large With Cruises, Exotic Birds, Home Renovations: Feds
$1.4M Maryland Fraud: Couple Lived Large With Cruises, Exotic Birds, Home Renovations: Feds A South Carolina husband and wife lived it up for more than a decade — jetting off on cruises, renovating their home, spoiling their pets, and racking up six figures at Walmart — all on the dime of a Maryland business they targeted in a $1.4 million fraud scheme, federal prosecutors said. Robin Joseph, 64, of Murrells Inlet, South Carolina, was sentenced on Monday, July 28, to 39 months in federal prison followed by three years of supervised release for his role in the massive embezzlement and identity theft scheme, according to the US Attorney’s Office for the District of Maryland. Joseph …

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by Zak Failla
News
More Travelers Using Credit Card Perks Amid Trump Tariffs, Study Says: Here's How More Travelers Using Credit Card Perks Amid Trump Tariffs, Study Says: Here's How
More Travelers Using Credit Card Perks Amid Trump Tariffs, Study Says: Here's How As summer travel heats up and President Donald Trump's tariffs weigh on Americans, many vacationers are looking to credit card perks to reduce costs. WalletHub released two studies about rental car and travel insurance benefits on Tuesday, June 24. About 43% of Americans said Trump's tariffs will push them to explore credit card travel benefits. These sometimes overlooked perks can add up to big savings, especially for residents in high-cost states across the Northeast. "Tariffs and inflation have travelers feeling a bit antsy, and many are turning to long-overlooked credit …

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by Chris Spiker
Sports
ESPYS 2025 Will Be Hosted By Shane Gillis, A Fan Favorite In Maryland ESPYS 2025 Will Be Hosted By Shane Gillis, A Fan Favorite In Maryland
Espys 2025 Will Be Hosted By Shane Gillis, A Fan Favorite In Maryland Shane Gillis is headed from Mechanicsburg to the Dolby Theatre. The Pennsylvania-born comedian will host the 2025 ESPYS this year, taking the "Tires" star from Netflix to ABC. “I’m excited to be at The ESPYS this year,” Gillis said in a statement. “I like sports so this should be a good time.” Gillis, a former collegiate athlete, is best known for his booming stand-up career and for co-hosting the chart-topping Matt and Shane’s Secret Podcast with comedian Matt McCusker.  The show is currently the number one podcast on Patreon and consistently lands in the Top 15 on Spotify’s US Come…

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by Zak Failla
Business
Walmart Creates New Credit Cards Through Its Own Financial Firm: What To Know Walmart Creates New Credit Cards Through Its Own Financial Firm: What To Know
Walmart Creates New Credit Cards Through Its Own Financial Firm: What To Know Walmart is using its own financial technology startup to launch a major credit card program. Synchrony Financial and the Walmart-backed firm OnePay announced the new Mastercard on Monday, June 9. The move comes after Walmart ended its previous credit card partnership with Capital One years ahead of schedule. Walmart had leaned on Capital One as its exclusive credit card issuer since 2018, but sued to exit the agreement early in 2023, CNBC reported. Capital One later claimed Walmart wanted to end the contract to shift transactions to OnePay. At the time the partnership ended, the Walma…

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by Chris Spiker
News
Maryland Man Back To Prison After Robbing 6 Banks In 2-Day DC Crime Spree: Feds Maryland Man Back To Prison After Robbing 6 Banks In 2-Day DC Crime Spree: Feds
Maryland Man Back To Prison After Robbing 6 Banks In 2-Day DC Crime Spree: Feds He passed notes, made death threats, hit six banks in two days — and now, he’s going back to federal prison. Jonathon Brown-Murphy, 44, of Upper Marlboro, is heading back behind bars after launching into a wild two-day bank robbery spree across Maryland and DC, authorities announced. The previously convicted felon, already with two robbery sentences under his belt, tried to rob or successfully robbed six banks in May 2022 using threatening notes — including messages like "Give Me The Money Don’t Get Killed!!" — that sent terrified tellers scrambling for cash. Brown-Murphy started the spree…

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by Zak Failla
Business
NY AG Sues Capital One Over $2B+ Savings Scheme After Trump's CFPB Dropped Case NY AG Sues Capital One Over $2B+ Savings Scheme After Trump's CFPB Dropped Case
NY AG Sues Capital One Over $2B+ Savings Scheme After Trump's Cfpb Dropped Case New York's attorney general is reviving a major consumer protection case that federal regulators dropped shortly after President Donald Trump returned to office. Attorney General Letitia James announced the lawsuit against Capital One on Wednesday, May 14. The suit accuses the banking giant of misleading savings account customers and withholding millions in interest. According to the lawsuit, Capital One used "bait-and-switch" tactics by advertising its 360 Savings account as a high-interest option. The company then secretly offered far better rates to new customers through a…

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by Chris Spiker
Business
Capital One's $35B Merger With Discover Approved: Here's What Customers Should Know Capital One's $35B Merger With Discover Approved: Here's What Customers Should Know
Capital One's $35B Merger With Discover Approved: Here's What Customers Should Know Capital One's $35.3 billion acquisition of Discover received its final approval, clearing the way for a megamerger that reshapes the credit card and payments industry. The Federal Reserve's board approved the deal on Friday, April 18. The merger brings together two of the country's top credit card issuers, giving Capital One control of Discover's global payments network of 70 million merchant locations in more than 200 countries. The acquisition – first announced in February 2024 – is expected to close Sunday, May 18, the companies said in a joint news release. "This is an exciting mo…

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by Chris Spiker
Business
CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog
Cfpb Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog The Consumer Financial Protection Bureau has dropped a lawsuit against Capital One as concerns grow about the federal agency's future. The CFPB will no longer pursue legal action against Capital One, according to a court filing on Thursday, Feb. 27. The case, filed in January, claimed the banking giant misled customers and withheld more than $2 billion in interest payments. The company based in McLean, Virginia, supported the dismissal. "We welcome the CFPB's decision to dismiss this action, which we strongly disputed," a Capital One spokesperson said in a statement to the Daily Voice…

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by Chris Spiker
Business
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