Day: November 14, 2024

CFPB-PR-241114-1

CFPB-PR-241114-1 (11-14-24) (CFPB-PR-2411) CFPB Orders Global Tel Link to Pay $3 Million for Illegally Freezing and Draining Payments Accounts for People Who Are Incarcerated – Company profited by taking funds from inactive accounts and blocking money transfers from friends and family used to pay for basic needs Excerpt:  WASHINGTON, D.C. – Today, the Consumer Financial Protection […]

SEC-LR-26169

SEC-LR-26169 (11-14-24) Money Magnet Platinum Membership Initiative LLC, et al. SEC Litigation Release No. 26169 / November 14, 2024 SEC Obtains Final Judgements Against Lakenya Hopkins Excerpt: The Securities and Exchange Commission announced that is has obtained final judgement against Lakenya Hopkins for her role in a promissory note selling scheme, falsely promising investors extraordinary […]