Financial institutions and their affiliates are addressed on Page 5 (12-f).
NEW YORK — The Consumer Financial Protection Bureau has filed a lawsuit against Fifth Third Bank, alleging the bank’s employees opened fake accounts for customers in order to meet aggressive sales targets. The federal regulator alleged Monday that the bank knew its employees were opening fake accounts since at least 2008 and up until 2016,
AG’s office says car dealer/lender made predatory loans to thousands BOSTON – The used car dealership JD Byrider will cancel debts, pay $1.5 million to reduce car loan payments and provide restitution to thousands of consumers, and significantly change its practices to resolve allegations that it engaged in deceptive sales of defective vehicles and predatory
An Arkansas towing company was attempting to repossess the car of a former Wagoner County law enforcement member when he was struck by the tow truck. The tow truck driver did not have any paperwork regarding the repossession of the vehicle. According to officials, the car was not properly attached to the tow truck. In
More details have emerged in the Dec. 2, 2019, fatal shooting of a tow truck driver in Lake Dallas after the man accused of firing the shots, Barry DeGeorge, 37, was indicted Thursday on a murder charge. Two Lake Dallas police officers were leaving a QuikTrip when they heard 8-10 gunshots down the road near
By a vote of 5 to 4, the Wisconsin legislature has passed Assembly Bill 669 (2019) limiting only the actions of the repossessor as the cause of a breach of the peace. It reads: The bill specifies that the creditor or its authorized repossessor may not commit a breach of the peace and that the
BALTIMORE (WMAR) — Maryland’s Attorney General on Friday cracked down on a pawn broker accused of illegally handing out and collecting on consumer loans. Brent M. Jackson, and his businesses “Cash-N-Go” allegedly offered short-term loans with a drastic interest rate of 360%, while using the customers vehicle as collateral. Cash-N-Go would keep the title to
A federal bankruptcy court judge has named Canadian auctioneers Ritchie Bros. as the firm to in charge of auctioning off the fleet assets of Celadon Group. At the time of Celadon’s Chapter 11 bankruptcy filing in December 2019, the company had almost 2,800 power units, according to data from the Federal Motor Carrier Safety Administration.
TRAVIS COUNTY, Texas – A Travis County man has been arrested after the Travis County Sheriff’s Office says he assaulted two men with his fists and a gun while they were trying to repossess his truck. Chauncy Jarrell Williams, 34, has been charged with second-degree felony aggravated assault with a deadly weapon and tampering with evidence. Deputies