March 09, 2016
A Nevada federal court has imposed $43 million in penalties against a financial software company, its subsidiaries and a number of related individuals for running a "massive" scam that took money out of consumers' bank accounts without permission, the Federal Trade Commission announced Wednesday.
June 09, 2014
An executive at a company that allegedly scammed more than 1.5 million credit and debit card consumers out of $43 million has agreed to be subject to a $25 million judgment and to cooperate in an ongoing Federal Trade Commission investigation into the company.