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American Express

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 …
Trump Names Ex-SEC Chief, PA Native To Replace Damian Williams As SDNY's Top Prosecutor Trump Names Ex-SEC Chief, PA Native To Replace Damian Williams As SDNY's Top Prosecutor
Trump Names Ex-sec Chief, PA Native To Replace Damian Williams As Sdny's Top Prosecutor President-elect Donald Trump is looking to replace Damian Williams, US Attorney for the Southern District of New York, with a familiar face from his previous administration who hails from Pennsylvania.  Trump announced on Thursday, Nov. 14 that he would nominate Jay Clayton, who has no experience as a criminal prosecutor, to be the next US Attorney for the Southern District of New York.  Clayton, age 58, previously served as Chairman of the US Securities and Exchange Commission from May 2017 to December 2020, a role in which Trump wrote he "did an incredible job." Before that, he…
Troopers Seek Serial Wallet Thief In Lehigh County Troopers Seek Serial Wallet Thief In Lehigh County
Troopers Seek Serial Wallet Thief In Lehigh County Pennsylvania State Police are looking for the suspect in a series of wallet thefts at Lower Macungie stores.  The pictured man is accused of taking the wallet from a Costco shopper's purse on Friday, Feb. 23. Authorities believe he went to the nearby Target at 749 North Krocks Road and used the victim's credit card to buy $2,500 of American Express and MasterCard gift cards.  He's also a suspect in three similar incidents at Lower Macungie retail stores, including:  At Costco on Sept. 8, 2023 At Walmart on Feb. 3 At Walmart on Feb. 16  Anyone who can identify…