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Cash App Users To Get Refunds In $175M Order As Feds Target Fraud Cash App Users To Get Refunds In $175M Order As Feds Target Fraud
Cash App Users To Get Refunds In $175M Order As Feds Target Fraud Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on the payment platform, officials said. The Consumer Financial Protection Bureau ordered Block to refund up to $120 million to users harmed by fraud, the federal agency said in a news release on Thursday, Jan. 16. The parent company of Cash App, which has more than 56 million accounts, must also pay a $55 million fine into the CFPB’s victims relief fund. The CFPB found that Block failed to properly investigate unauthorized transactions and deprived users of…

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by Chris Spiker
News
Maryland Woman Who Filmed Sexual Abuse Of Minors For Cash Sentenced For Exploitation: Feds Maryland Woman Who Filmed Sexual Abuse Of Minors For Cash Sentenced For Exploitation: Feds
Maryland Woman Who Filmed Sexual Abuse Of Minors For Cash Sentenced For Exploitation: Feds A Maryland woman has been sentenced to decades in prison for sexually exploiting a child, federal authorities announced on Tuesday. Hagerstown native Ashley Marie Tibbs, 34, has been sentenced to 20 years in federal prison, followed by a lifetime of supervised release for sexually abusing two children. According to her guilty plea, Tibbs sexually abused two minors who were between the ages of 2 and 5, which she filmed, and sent to John Balch in exchange for cash. Balch - who has already been sentenced to 60 years in prison for the exploitation of six minors - paid Tibbs a total of $38,325 …

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by Zak Failla