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Capital One

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
Police & Fire
Police Seek Suspect Accused Of Stealing $900 Using Stolen Identity At Long Island Bank Police Seek Suspect Accused Of Stealing $900 Using Stolen Identity At Long Island Bank
Police Seek Suspect Accused Of Stealing $900 Using Stolen Identity At Long Island Bank A man is being sought in connection with an identity theft that resulted in a $900 loss at a Long Island bank. Nassau County Police said the incident happened on Tuesday, Oct. 1, at approximately 11:30 a.m. at the Capital One bank on Grand Avenue in Baldwin. Investigators said the suspect entered the bank, filled out a withdrawal slip using someone else’s identity, and withdrew $900 in cash. The suspect is described having a thin build, standing about 5-foot-10. He has black hair, a black beard, a bald head, and was last seen wearing blue jeans, red sneakers, a gray coat, and a blue cast on…

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by Joe Lombardi