Tag: money
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JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’
JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw funds before a check bounced. The bank on Monday filed lawsuits in at least three federal courts, taking aim at some of the people who withdrew the highest amounts in the so-called…
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A federal disaster fund has drawn 50,000 applications after twin hurricanes. One problem: It’s out of money.
When the river began to rise in Asheville, North Carolina, last month, Lucious Wilson stood on a nearby hill and watched as his brewery slowly vanished in the floodwaters generated by Hurricane Helene. “We need help,” he told NBC News this week, standing near the ruins of his business, Wedge Brewery. “We don’t need politics.”…
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Democrats flooded with cash in fight for Congress as the GOP tries to stretch its money
New fundraising reports detail just how much Democrats in competitive congressional races benefited from a wave of cash that flooded campaigns after Vice President Kamala Harris ascended to the top of the party’s ticket, leaving Republicans scrambling to stretch their money in the election’s final weeks. Democratic House and Senate candidates raised eye-popping sums from…
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TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties
TD Bank pleaded guilty Thursday in a criminal money laundering case and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and federal financial regulators for failing to monitor money laundering by drug cartels. As part of the deal, TD Bank, whose U.S. unit is the 10th-largest American bank by assets, is…
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Ex-USC star Reggie Bush sues for money school and others made off him two decades ago
LOS ANGELES — Former Southern California football star Reggie Bush has filed a lawsuit against his school, the NCAA and the Pac-12 in a bid to recoup money made on his name, image and likeness during his career with the Trojans two decades ago. In a brief news release from Bush’s attorneys announcing the filing…