legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

FinCEN Recovers $1.1B For Crime Victims

FinCEN Recovers $1.1B For Crime Victims
FinCEN Recovers $1.1B For Crime Victims
February 14, 2022  |  Fraud Prevention

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has helped recover more than $1.1 billion over the last seven years for the victims of...

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Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
February 11, 2022  |  Legal & Regulation

Federal prosecutors on Friday (Feb. 11) dropped criminal charges against Citigroup, Deutsche Bank and four senior bankers related to a “significant cartel case” by the...

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Google Sues South Korea’s Regulator to Reverse Antitrust Fine
Google Sues South Korea’s Regulator to Reverse Antitrust Fine
February 11, 2022  |  ANTITRUST

Google is asking a judge to reverse the fine it received last year from South Korea’s competition regulator after the tech giant tried to force...

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Elevate Credit Ordered to Pay $3.3M for Predatory Lending Practices
Elevate Credit Ordered to Pay $3.3M for Predatory Lending Practices
February 10, 2022  |  Legal & Regulation

Elevate Credit agreed to pay a minimum of $3.3 million for charging people interest rates above the 24% maximum allowed by Washington, D.C for loans...

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Meta Pledges to Remain in Europe
Meta Pledges to Remain in Europe
February 09, 2022  |  Facebook / Meta

Meta says it’s “absolutely not” leaving Europe over European Union-U.S. data transfers, refuting reports in the press, according to a company blog post published Tuesday...

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FTC Files Lawsuit Against Burgerim Franchise Over False Business Claims
FTC Files Lawsuit Against Burgerim Franchise Over False Business Claims
February 08, 2022  |  Legal & Regulation

The Federal Trade Commission (FTC) has filed a lawsuit against hamburger franchise Burgerim, saying it falsely represented itself to those who wanted to own a...

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Meta Files Lawsuit Over Financial Services Phishing Scam
Meta Files Lawsuit Over Financial Services Phishing Scam
February 08, 2022  |  Facebook / Meta

Meta has teamed with a financial services company to file a joint lawsuit against two Nigerian individuals for engaging in fraudulent activity, according to a...

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Two New Yorkers Arrested for Alleged Conspiracy to Launder $4.5B in Hacked Crypto
Two New Yorkers Arrested for Alleged Conspiracy to Launder $4.5B in Hacked Crypto
February 08, 2022  |  Cybersecurity

In what has been called the largest financial seizure in history, a New York couple was arrested in Manhattan for an alleged conspiracy to launder...

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