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A trustee for the now-bankrupt Hollywood Video and Movie Gallery chains has agreed to repair the credit reports of millions of consumers to settle allegations of misconduct by debt collectors hired to collect on the rental chains' accounts, according to a settlement announced by the attorneys...
Almost as soon as regulators proposed a settlement for the mortgage mess that would require banks to obey the law, the banks' Republican allies began trying to weaken it through obfuscation and confusion. Read on for some plain English translations of their arguments against the settlement.
As if we needed more proof of the outlaw actions of banks and their agents, The Baltimore Sun reports that 1,000 or more Maryland deeds are likely forgeries created by a foreclosure mill. If the accusation is true, the false deeds will create a nightmare for the innocent people who bought the homes.
Following a series of debt-collection violations that victimized consumers, New York's attorney general has issued a stern warning to debt collectors. In the wake of a debt collection scam that targeted military personnel, one of a rash of recent violations, state officials have issued a warning...
A chain of tanning salons that generated hundreds of complaints about deceptive sales tactics and misleading contracts has agreed to pay $350,000 and change the way it does business. The agreement settles charges lodged against the company At The Beach by the Colorado Attorney General's office. At...
Ongoing problems with scams being run on Facebook -- including one that pretended be to from a state legislator -- has led to an inquiry by Connecticut's attorney general about how the social networking giant is dealing with fraud on its pages. Just days after Consumer Ally reported that a U.S....
Money raised through Facebook pages and website pleas to save horses from slaughter instead allegedly fed a lavish lifestyle for trustees of an unregistered charity, according to the New Jersey attorney general's office. The state sued NJ Horse Angels and its two trustees, Sharon Catalano-Crumb...
As more Americans shop online for the holidays, they're falling prey to increasingly sophisticated scams. In response, on Cyber Monday, the Justice Department busted 82 sites for allegedly selling counterfeit and pirated goods, but more crooks are out there.
Consumer complaints of alleged misrepresentation of financial aid and other misconduct has prompted an investigation of eight for-profit schools including University of Phoenix and Kaplan University by the Florida's attorney general's office. It's the latest round of scrutiny for the for-profit...
Annette Bongiorno and Joann "Jodi" Crupi, both long-term employees at Bernard L. Madoff Investment Securities, were arrested Thursday and charged with multiple counts of conspiracy, securities fraud, falsifying documents and tax evasion.

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BAC
Bank of America Corp
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ALU
Alcatel-Lucent (ADR)
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122.18M
GE
General Electric Company
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109.55M
F
Ford
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52.49M

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CIE
Cobalt International Energy
31.68 +7.78
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LNKD
LinkedIn Corp.
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ALU
Alcatel-Lucent (ADR)
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122.18M
WNS
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3.07M

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NBG-A
National Bank of Greece SA (ADR)
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188,505
OSG
Overseas Shipholding Group, Inc.
10.18-1.65
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1.88M
AB
AllianceBernstein Holding LP
14.35-2.16
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1.30M
OC-B
Owens Corning (Warrant) 'B'
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26,436
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