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Coverage dated January 15, 2025

American Express agrees to pay more than $138M to resolve investigation into sales and marketing

Headline from KOB 4

American Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices. Federal authorities announced Thursday that the New York-based financial giant provided inaccurate tax advice to customers and potential customers on wire pro…

KOB 4's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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11 articles, oldest first.

  1. KOB 4

    American Express agrees to pay more than $138M to resolve investigation into sales and marketing (opens KOB 4)

    Published

    KOB 4's feed description

    American Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices. Federal authorities announced Thursday that the New York-based financial giant provided inaccurate tax advice to customers and potential customers on wire pro…

  2. NBC 6 South Florida

    American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim (opens NBC 6 South Florida)

    Published

    NBC 6 South Florida's feed description

    The American Express settlement follows recent agreements by Mastercard and Block to settle claims from prosecutors or regulators.

  3. New York Post

    American Express to pay $230M settlement over claims of deceptive credit card, wire service sales tactics (opens New York Post)

    Published

    New York Post's feed description

    American Express on Thursday said it agreed to pay $230 million over claims the company used deceptive tactics to sell its credit cards and wire services to customers.

  4. Courthouse News Service

    American Express agrees to pay $230 million to settle fraud claims (opens Courthouse News Service)

    Published

    Courthouse News Service's feed description

    The banking giant will pay more than $138 million to settle criminal wire fraud claims, plus another $108.7 million over civil allegations of deceptive marketing.

  5. Quartz

    American Express to pay $230 million over 'deceitful marketing campaign' (opens Quartz)

    Published

    Quartz's feed description

    Regulators allege the firm misled customers by touting tax breaks that didn’t exist

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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