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FDIC Seeks in Excess of $200 Million Against Credit Card Company and Two Banks for Deceptive Credit Card Marketing
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06/10/2008
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Press Release Number:PR-47-2008
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Release Date:06/10/2008
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)Federal Trade Commission (FTC)
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Bank Involved:First Bank of DelawareFirst Bank & Trust, BrookingsColumbus Bank and Trust
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Fdic Employee Involved:Thomas J. Curry
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Law Involved:Fair Debt Collection Practices Act (FDCPA)Federal Trade Commission Act
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Other Institutions Involved:CompuCredit CorporationJefferson Capital Systems
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Related Legal Case:In the Matter of Columbus Bank and Trust Company Columbus, Georgia (Order to cease and desist)In the Matter of Columbus Bank and Trust Company Columbus, Georgia (Order of Restitution)In the Matter of CompuCredit Corporation Atlanta, Georgia An Institution-Affiliated Party of Columbus Bank and Trust Company Columbus GeorgiaIn the Matter of First Bank of Delaware Wilmington, Delaware and Compucredit Corporation Atlanta Georgia An Institution-Affiliated Party of First Bank of Delaware Wilmington, DelawareIn the Matter of First Bank & Trust Brookings, South Dakota And CompuCredit Corporation Atlanta, Georgia An Institution-Affiliated Party of First Bank & Trust Brookings, South Dakota
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Source:FDIC
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