Paying UP For Breaking The Rules

(Liz Wise)

PayPal Must Pay $7.7M For Processing Transactions In Violation Of U.S. Sanctions

Each year, PayPal processes billions of dollars in transactions. Apparently some of those payments didn’t exactly sit well with the U.S. government and now the company must pay $7.7 million for violating certain sanctions. [More]

(frankieleon)

FTC Takes Action Against Auto Dealers For Violating Order Prohibiting Deceptive Advertising

Here’s the thing, if the Federal Trade Commission tells you not to deceive consumers with your ads or you’ll have to pay a hefty fine, they mean it. That’s the case for two auto dealerships that allegedly violated FTC orders put in place in 2012. [More]