sanctions

Bank Of America To Pay $16.6M To Settle Allegations Of Processing Drug Traffickers’ Transactions

Bank Of America To Pay $16.6M To Settle Allegations Of Processing Drug Traffickers’ Transactions

Processing transactions for drug traffickers is a big no-no, which is why Bank of America has agreed to pay $16.6 million to resolve federal allegations that it was involved in moving money around for ten traffickers over the course of four years.
[More]

AT&T Obeys Only The Laws They Like

AT&T Obeys Only The Laws They Like

After being fined millions of dollars for engaging in “misleading marketing practices”, AT&T is taking advantage of “new rules that allow California phone companies to unilaterally change certain regulatory provisions without prior approval from state officials.” What? Who the hell decided to let them do that?! AT&T will be ignoring the disclosure agreement, which forced them to reveal to new customers its cheapest service first and to seek permission before making marketing pitches, because…