consequences
A Californian named Andrew Michael (not pictured at left) was sentenced to four years in federal prison last week for scamming Citibank and credit card companies by fraudulently applying for an
$8.5 million commercial line of credit—some $2 million of which he spent on personal goods for himself, including "170 troy ounces of silver, 479 tubes of gold flakes, [and] a Rolex watch."
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credit cards
Several major credit card companies were successfully and recently class-actioned for charging unnecessary fees for overseas transactions.
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Consumerist
