American Express to Pay $230 Million in Fines

American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
It includes more than $138 million as part of a non-prosecution agreement related to allegations the bank gave customers “inaccurate tax advice” for two wire products.
American Express to pay $108.7 mln to settle deceptive marketing allegations, Justice Dept says
Credit card company American Express has agreed to pay $108.7 million to settle allegations that it engaged in deceptive marketing practices, the U.S. Justice Department said on Thursday.
American Express to pay $109M to settle credit card marketing probe
American Express (NYSE:AXP) agreed to pay a $108.7M civil penalty to resolve allegations that the credit card company deceptively marketed credit card and wire transfer services to small businesses, the U.
American Express to pay $230mn to resolve deceptive marketing allegations
American Express will pay about $230mn to resolve a US federal investigation into allegations that it deceptively marketed credit card and wire transfer products to small businesses. The Department of Justice said the alleged practices involved making false assertions from 2018 to 2021 to small business customers that its Payroll Rewards and Premium Wire products carried certain tax benefits.
American Express to Pay $230 Million in Fines for Aggressive Sales Practices
The Wall Street Journal had reported on a series of deceptive and strong-arm tactics the card company used to increase small business sign-ups.
American Express settles probe for $230 million
American Express Company (NYSE:AXP), a prominent player in the consumer finance industry with revenue of $59.24 billion, has reached a settlement with the U.S. Department of Justice and the Federal Reserve Board over an investigation into the company's past sales practices targeting small business customers.

The American Express expert picks 2025

2025 American Express TV schedule, channel, live stream, radio, where to watch PGA Tour event at PGA West
The PGA Tour returns to the continental United States this week to kick off its West Coast Swing, beginning with the 2025 ...
Where Will American Express Be in 5 Years?
This will undoubtedly lead to higher revenue. In the past five years, between Q3 2019 and Q3 2024, sales were up 51%. Maybe ...
Blades Brown turns pro at 17: Live updates, score from PGA Tour American Express
Follow live updates as Brentwood Academy golf star Blades Brown, 17, makes his pro golf debut at the PGA Tour American ...
American Express leaderboard: Updates, highlights, how to watch PGA Tour event Round 1
It's Round 1 of The American Express 2025 golf tournament on the PGA Tour. Follow for score updates and highlights, plus how ...
Is American Express Stock a Buy Before Jan. 24?
You can't time the market, and if you believe in American Express' opportunities, you can buy it any time. But if you expect ...
American Express Canada and Toronto Pearson Ink New Partnership Reaffirming Commitment to Seamless Travel Experience
American Express Canada today announced the extension of its long-term partnership with Toronto Pearson, reaffirming their ...
PGA Tour money leaders in American Express field: Sony Open winner Nick Taylor tops the list
Sony Open winner Nick Taylor is the leading earner in this week’s American Express, topping a list of 10 players among the ...