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CNBC

American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim

CNBC
Summary
Nutrition label

83% Informative

The total includes more than $138 million as part of a non-prosecution agreement with federal prosecutors in Brooklyn , New York .

Amex also resolved allegations that it deceptively marketed credit cards to small businesses.

Separately, Amex will pay $108.7 million to resolve claims by the Department of Justice's Civil Division .

VR Score

83

Informative language

82

Neutral language

80

Article tone

formal

Language

English

Language complexity

77

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links