Toyota financing arm fined $60 million for car loan scam by consumer watchdog

The Consumer Financial Protection Bureau fined Toyota’s U.S.-based financing firm $60 million for illegal lending practices. Toyota Motor Credit Corporation made it difficult for consumers to cancel add-on products that cost an average of between $700 and $2,500 per loan. The firm also violated the Fair Credit Reporting Act by failing to correct inaccurate information…Read More

UOB staff foil scammer who pretended to be 80-year-old victim’s grandson and accompanied her to bank to withdraw $40k, Singapore News – AsiaOne

SINGAPORE – Accompanied by her “grandson”, an 80-year-old woman went to the UOB branch in Bendemeer in October and asked to withdraw over $40,000. She told UOB service executive Grace Ng that she planned on handing the money to the “grandson” to pay for her medical bills. But Ms Ng, 29, grew suspicious when the…Read More

Warranty deed scam: Harris County deputies arrest man accused of targeting Houston-area properties valued at more than $15 million – ABC13 Houston

HARRIS COUNTY, Texas (KTRK) — An alleged mastermind behind a $15 million warranty deed scam in Harris County was arrested on Monday after a year-long investigation, according to deputies. Timothy Willard is accused of forging the signature of at least three property owners, including his father, on their warranty deeds and purchasing their property at…Read More

SCAMMER: Here’s how George Santos spent campaign donations

The House Ethics Committee has completed its investigation of truth-deficient Congressman George Santos (R-NY), and what they’ve found is disturbing. Santos spent campaign funds on OnlyFans, Sephora, and his personal credit card bills, according to the investigative report. He also dropped $4,127.80 for a purchase at Hermes. The Ethics Committee presented hundreds of pages of…Read More