American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
The American Express settlement follows recent agreements by Mastercard and Block to settle claims from prosecutors or regulators.
American Express to pay $230 million to settle US charges over deceptive sales practices
Credit card company American Express has agreed to pay $108.7 million to settle allegations that it engaged in deceptive marketing practices, the U.S. Justice Department said on Thursday.
American Express to Pay $230 Million to Settle Deceptive Marketing Claims
The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax benefits of its wire transfer products.
American Express agrees to pay more than $138M to resolve investigation into sales and marketing
American Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices.
American Express to Pay $230 Million in Fines for Aggressive Sales Practices
The Wall Street Journal had reported on a series of deceptive and strong-arm tactics the card company used to increase small business sign-ups.
American Express agrees to pay more than $138M after it's accused of giving bad tax advice
Under a nonprosecution agreement the company is to pay a $77.6 million fine and forfeit $60.7 million for the revenue that could have been owed from its Payroll Rewards and Premium Wire programs.
American Express agrees to $109 million fine for deceptive marketing
American Express has agreed to pay nearly $109 million in fines related to deceptive marketing and false account allegations, the Justice Department announced Thursday.
American Express to pay $230M for dishonest marketing
The U.S. Attorney's Office said AmEx gave inaccurate advice to customers, telling them the company's fees were tax-deductible as a business expense.
American Express agrees million-dollar deal to settle sales and marketing probe
The New York-based financial giant provided inaccurate tax advice to customers and potential customers on wire products mainly aimed at small and mid-size businesses, New York tax officials said. View
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