Remove 2015 10
article thumbnail

10 year ban for dodgy Director

UK debt collections

The insolvency service has issued a huge 10 year ban to a rogue director following investigations. Grigorijs Hacaturjancs, 34, originally from Latvia, has been disqualified as a director for 10 years after fraudulently claiming a £50,000 Bounce Back Loan.

Retail 59
article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

billion in additional student loan debt relief for 73,600 borrowers. These discharges are the result of fixes to income-driven repayment (IDR) forgiveness and public service loan forgiveness (PSLF) made by the administration. On January 19, the Biden-Harris administration announced the approval of $4.9 For more information, click here.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Federal Activities: On January 21, Federal Trade Commission (FTC) announced that it will mark 2022’s Identity Theft Awareness Week (January 31-February 4) with a series of free events focused on trending issues in identity theft, including how to reduce the risk of identity theft and recovery if it occurs. State Activities.

article thumbnail

Credit Card Fraud Statistics Everyone Should Know in 2023

Credit Corp

Quick answer box There were over 389,000 reports of credit card fraud to the Federal Trade Commission (FTC) in 2021. Sources: Federal Trade Commission and Nilson In 2021, the Federal Trade Commission (FTC) reported that there were 5.7 Loan or lease fraud 197,914 -3.4% However, this does not influence our evaluations.

Trade 98
article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Federal Activities: On September 30, the Commodity Futures Trading Commission (CFTC) filed an enforcement action against crypto futures and spot market exchange Digitex and its founder and CEO Adam Todd. State Activities. The CFTC alleged that Digitex violated the Commodity Exchange Act by failing to register as a futures commission merchant.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

While many Buy Now, Pay Later borrowers use the product without noticeable indications of financial stress, the report finds that Buy Now, Pay Later borrowers will more likely become active users of other types of credit products like credit cards, personal loans, and student loans. For more information, click here. government.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

While many Buy Now, Pay Later borrowers use the product without noticeable indications of financial stress, the report finds that Buy Now, Pay Later borrowers will more likely become active users of other types of credit products like credit cards, personal loans, and student loans. For more information, click here. government.