A bank created fake accounts, forced clients into unnecessary car insurance and repossessed vehicles when they didn’t pay. Now it has agreed to $20 million in penalties. https://www.bocvip.com/521954/a-bank-created-fake-accounts-forced-clients-into-unnecessary-car-insurance-and-repossessed-vehicles-when-they-didnt-pay-now-it-has-agreed-to-20-million-in-penalties/ #Bonds #business #CurrentTrends #economy #Investment #IPOs #predictions #stocks
business
Although Tom Ragsdale’s #oil companies owe New Mexico more than $3.5 million for #pollution and unpaid fees, the state has recovered only about $50,000.
Drillers across the industry have employed similar tactics in what is known as “the playbook.”
#News #Environment #Energy #Business #Regulation #Law #Illustration
ProPublica and Documented identified 25 employers that, despite histories of wage theft, have received contracts worth more than a collective $500 million from city and state agencies since 2018.
(Published July 2024)
https://propub.li/40ep0sJ
Exeter, one of the largest auto lenders in the U.S. and a CarMax partner, specializes in high-interest subprime loans.
“We’re here to help,” reads its website. In reality, Exeter’s practices often do the opposite.
(Published Sept. 2024)
https://propub.li/4h0hZBd
Connecticut allows towing companies to sell some people’s cars after just 15 days — one of the shortest windows in the country.
The sales have particularly affected low-income people, who have lost jobs after they were unable to get their cars back.
An examination of more than 1,200 federal judges and state supreme court justices turned up dozens of judges who chose not to recuse when facing potential appearances of impropriety involving familial financial connections.
(Published July 2024)
https://propub.li/40kGxzo
Justice Department Sues Six of the Nation’s Largest Landlords in Effort to Stop Alleged Price-Fixing in Rental Markets
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Federal prosecutors allege that the landlords have used RealPage pricing software to collude and artificially raise rents. The legal action is the latest development stemming from a 2022 ProPublica investigation.
读过 To Sell Is Human 🌕🌕🌑🌑🌑
这类畅销书是不是有个写作模版？就是在仅有的几个观点上加超多的案例和说明，最后你拧一拧水分，发现篇幅至少可以减少六七成以上。
Tribal Lenders Say They Can Charge Over 600% Interest. These States Stopped Them.
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Online lenders tied to Native American tribes argue that they aren’t subject to state lending laws, but they backed away from operating in six states where attorneys have acted forcefully to protect consumers.
In the Wild West of School Voucher Expansions, States Rely on Untested Companies, With Mixed Results
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States are handing multimillion-dollar contracts to a handful of fledgling private companies to manage the rapidly growing, convoluted marketplace of school-choice programs. The process has been bumpy.
Donald Trump’s choice to lead HUD has a history of voting against protections for poor tenants. And Trump’s choice to lead the IRS once pushed to abolish the agency entirely.
Revisit ProPublica’s reporting on some of Trump’s key appointees:
https://www.propublica.org/article/donald-trump-appointments-cabinet-propublica-reporting?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Trump #Government #Housing #Tax #Environment #Business #Health
How a Risky State Investment in Seafood Cost Alaskans Millions and Left a Fishing Town in Crisis
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Leaders of the Alaska Permanent Fund, which pays residents annual dividends and finances government services, wanted to invest in Alaska companies. There were warning signs ahead of the bet on Peter Pan Seafood, which cost Alaskans $29 million.
#News #Alaska #Fishing #Seafood #Investment #Business #Finance
The One That Got Away: This Small Town Is Left in Limbo After Betting Big on GMO Salmon
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AquaBounty GMO salmon was going to be the future of fish — and the future for one Ohio village that offered incentives to make a new facility happen. But years after breaking ground, there are no fancy fish tanks. No designer fish. No new jobs.
For years, a Connecticut towing company got to cut the line at the DMV in exchange for selling towed cars at deep discounts, according to a DMV report, allowing one DMV employee to resell them for steep profits.