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 $230M to settle deceptive marketing, fraud probe
American Express has agreed to pay $230 million to settle a federal probe into deceptive marketing practices and civil fraud allegations, the Department of Justice (DOJ) announced Thursday. Under
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 $109M to settle credit card marketing probe
American Express (NYSE:AXP) agreed to pay a $108.7M civil penalty to resolve allegations that the credit card company deceptively marketed credit card and wire transfer services to small businesses, the U.
American Express to pay $230M settlement over claims of deceptive credit card, wire service sales tactics
The payment includes two separate settlements: one over misleading sales tactics for credit cards, and another concerning its wire services.