DoJ

Wells Fargo To Pay More Than $2B Penalty Over Mortgage Loans
Wells Fargo To Pay More Than $2B Penalty Over Mortgage Loans
August 02, 2018  |  Loans

The U.S. Department of Justice (DOJ) announced that Wells Fargo will pay $2.09 billion in penalties to settle claims related to mortgage loans that the lender...

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Treasury Secretary Wants DOJ To Look Into Google’s Power
Treasury Secretary Wants DOJ To Look Into Google’s Power
May 21, 2018  |  Google

The Justice Department is facing calls by Treasury Secretary Steven Munchin to look over the clout and power technology firms including Google have over the economy...

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Cannabis Cos’ Payroll Problems Run Deep
Cannabis Cos’ Payroll Problems Run Deep
April 17, 2018  |  B2B Payments

Earlier this year, the federal government spiked anxieties for legal marijuana businesses. Attorney General (AG) Jeff Sessions issued a memo that seems to ramp up...

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Feds File Charges In International Fraud Scheme Involving A Picasso
Feds File Charges In International Fraud Scheme Involving A Picasso
March 02, 2018  |  Security & Fraud

For their alleged roles in a massive stock fraud and money laundering scam involving a Picasso, the U.S. Department of Justice has criminally charged 10...

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Missing The Podium Edition: US Bank, SoFi And Bitcoin On Cards
Missing The Podium Edition: US Bank, SoFi And Bitcoin On Cards
February 19, 2018  |  Data Dive

Not everyone gets a trophy, an inevitable truth discovered by the U.S. Olympic team in Pyeongchang — at least so far. It’s not been a standout year for the...

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US Bank Fined $613M For AML Violations
US Bank Fined $613M For AML Violations
February 15, 2018  |  Bank Regulation

U.S. Bank was slapped with a $185 million civil penalty for what the Financial Crimes Enforcement Network (FinCEN), in coordination with the Office of the...

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Rabobank Pays $368M Fine Over Illicit Funds
Rabobank Pays $368M Fine Over Illicit Funds
February 08, 2018  |  Legal

Rabobank, a California unit of the Dutch cooperative, agreed Wednesday (Feb. 7) to turn over $368 million for processing funds that were tied to illicit...

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Courts Take Away President’s Power To Fire CFPB Without Just Cause
Courts Take Away President’s Power To Fire CFPB Without Just Cause
January 31, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) scored a victory Wednesday (Jan. 31) when a U.S. appeals court ruled the President can only remove the head...

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Uber The Subject Of A Federal Criminal Probe
Uber The Subject Of A Federal Criminal Probe
December 14, 2017  |  News

Uber, the ride-hailing app that has been under fire for covering up a data breach for a year — and paying hackers $100,000 to keep...

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