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Small Business

American Express To Pay $230M For Misleading Small Business Customers American Express To Pay $230M For Misleading Small Business Customers
American Express To Pay $230M For Misleading Small Business Customers American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products. The credit card company agreed to pay a $108.7 million civil penalty, the Department of Justice said in a news release on Thursday, Jan. 16. The settlement resolved claims against American Express of deceptive marketing and "dummy" account information. American Express was accused of engaging in unlawful sales tactics and falsifying records between 2014 and 2021. "When financial companies …
Majority Of Americans Limit Political News Amid Fatigue, Overload, Poll Finds Majority Of Americans Limit Political News Amid Fatigue, Overload, Poll Finds
Majority Of Americans Limit Political News Amid Fatigue, Overload, Poll Finds In an era of 24/7 news cycles and social media saturation, most Americans are stepping back from political news to combat fatigue and information overload.
 According to a brand-new nationwide poll by the AP-NORC Center for Public Affairs Research, 65 percent of adults feel the need to limit their consumption of government and political news.
 This sentiment crosses party lines, but Democrats are slightly more likely than Republicans to feel overwhelmed (72 percent vs. 59 percent). Additionally, 50 percent of respondents cited the need to cut back on news about overseas conflicts.
 Around…
Toms River Man Led Scheme To Commit Mortgage, COVID-19 Business Loan Fraud: Feds Toms River Man Led Scheme To Commit Mortgage, COVID-19 Business Loan Fraud: Feds
Toms River Man Led Scheme To Commit Mortgage, Covid-19 Business Loan Fraud: Feds A Toms River man was accused of leading a multimillion-dollar scheme to commit mortgage fraud and steal federal COVID-19 loans, authorities said. Arthur Spitzer, 37, was indicted on 25 counts, New Jersey's U.S. Attorney Philip Sellinger said in a news release on Tuesday, Sept. 3. A grand jury also indicted 38-year-old Mendel Deutsch of Toms River and 42-year-old Joshua Feldberger of Howell Township in the case. According to the indictment, Spitzer got mortgage loans for real estate properties that he didn't own in New Jersey and Brooklyn, New York. He chose properties that ha…