To embed, copy and paste the code into your website or blog:
Beam Financial, Inc. (Beam), a mobile banking app, will be banned from offering any service that may be used to deposit, store, or withdraw funds, and must give a full refund to users as part of a settlement with the Federal Trade Commission (FTC). It also is prohibited from misrepresenting the interest rates, restrictions, and other aspects of any financial product or service.
The FTC alleged Beam falsely promised users they would have 24/7 access to their funds and earn high interest rates on their accounts. Beam promised its users they could make transfers out of their accounts and would receive their requested funds within three to five business days. However, some users waited weeks or months to receive the funds. Beam also claimed users would receive at least 0.2% or 1.0% on their accounts, but many users received an interest rate of 0.04%. Consumers also stopped earning interest after requesting to withdraw their m
Pennsylvania phone scam advisory issued
ydr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ydr.com Daily Mail and Mail on Sunday newspapers.
Pennsylvania courts office warns of reported phone scam
lehighvalleylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lehighvalleylive.com Daily Mail and Mail on Sunday newspapers.
BBB National Programs Adds FTC Veteran Mamie Kresses as Vice President, Children s Advertising Review Unit (CARU)
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
TribLIVE s Daily and Weekly email newsletters deliver the news you want and information you need, right to your inbox.
Students who attended schools operated by the defunct Education Corporation of America will have their private student loans canceled.
Pennsylvania Attorney General Josh Shapiro announced an agreement on Tuesday that will result in the cancellation of about $2.6 million in private Pennsylvania student loans for 1,300 students who attended schools operated by Education Corporation of America.
ECA operated five former Brightwood Career Institute locations in Pennsylvania, including a Pittsburgh site that abruptly closed in 2018. Education Corporation of America lost its accreditation and failed to meet federal Education Department financial requirements, causing them to close their Pittsburgh location, along with campuses in Philadelphia, Broomall and Harrisburg.