American Express Settles Fraud, Marketing Claims
This is a Brooklyn news story, published by CNBC, that relates primarily to Amex news.
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AmexCNBC
•American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
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 .
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English
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77
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