CFPB Takes Action Against James and Melissa Carnes for Fraudulently Hiding Money to Evade Law Enforcement

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WASHINGTON, D.C. - Today, the Consumer Financial Protection Bureau (CFPB) filed an order to resolve its lawsuit against James R. Carnes and Melissa C. Carnes for fraudulent transfers to avoid paying restitution and penalties. In April 2023, the CFPB sued James and Melissa Carnes for hiding money, through multiple fraudulent transfers over two years, in

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CFPB Takes Action Against James R. and Melissa C. Carnes for Fraudulently Hiding Money to Evade Enforcement

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WASHINGTON, D.C. - La Oficina para la Protección Financiera del Consumidor (CFPB, por sus siglas en inglés) introdujo una orden para resolver su demanda contra James R. Carnes y Melissa C. Carnes por efectuar transferencias fraudulentas para evitar pagar reparaciones y multas. En abril del año 2023, la CFPB demandó a James y Melissa Carnes

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CFPB Launches Process to Recognize Open Banking Standards

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WASHINGTON, D.C. - Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule outlining the qualifications to become a recognized industry standard setting body, which can issue standards that companies can use to help them comply with the CFPB’s upcoming Personal Financial Data Rights Rule. Today’s rule identifies the attributes that standard setting bodies must

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CFPB Warns Against Deception in Contract Fine Print

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WASHINGTON, D.C. - The Consumer Financial Protection Bureau (CFPB) today issued a circular warning against the use of unlawful or unenforceable terms and conditions in contracts for consumer financial products or services. Companies use this fine print tactic to try to trick consumers into believing they have given up certain legal rights or protections. When

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CFPB Warns Against Deception in Contract Fine Print

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WASHINGTON, D.C. - La Oficina para la Protección Financiera del Consumidor (CFPB, por sus siglas en inglés) ha publicado una circular advirtiendo acerca del uso de términos y condiciones ilegales o incumplibles en contratos de productos o servicios financieros para el consumidor. Las compañías usan esta táctica de esconder estas condiciones en la letra pequeña

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