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The founder of the defunct credit-counseling firm AmeriDebt Inc. yesterday agreed to pay up to $35 million to settle two lawsuits accusing him of misleading debt-burdened consumers into paying high fees to support his lavish lifestyle.
The founder of the credit counseling firm AmeriDebt on Monday agreed to pay $35 million to settle suits filed by regulators and former customers over $172 million in allegedly hidden fees the company collected from financially strapped debtors.
Philip Morris spends more on image advertising than it does on charity. That's greenwash.
ABN Amro Bank, a global banking giant based in the Netherlands, has agreed to pay a total of $80 million in fines for violating regulations to prevent money-laundering, regulators and the bank said yesterday.
Maurice R. Greenberg, a former titan of the insurance industry who is at the center of a wide-ranging investigation into possible financial manipulation, will not answer regulators' questions today, his lawyer said yesterday.
Shell wants you to believe that they're working to curb climate change. But Greenwash Guru Kenny Bruno takes a deeper look at Shell's latest ad campaign and finds they're full of hot air.