August 5, 2025

courts

Loans

Millions of Brits could get £1,000s in compensation from six lawsuits – from Mastercard fees to loans, can you claim?

MILLIONS of Brits could get thousands of pounds in compensation after being overcharged on their loans or bills. Several major collective lawsuits have been launched in the past year and consumers may be able to cash in. 1 You could be in line for compensation from one of these class action lawsuits These legal cases

Read More
Funds

Hackel has to release funds for Lucido

The ongoing clash between Macomb County Executive Mark Hackel and Prosecutor Peter Lucido over several budget issues took another turn this week when the Michigan Court of Appeals issued an order directing Hackel to disburse funds to Lucido for outside legal counsel. Lucido praised the ruling and said it’s the third time in recent years

Read More
Finance

Rachel Reeves ‘considers overruling’ £44billion car finance Supreme Court decision in DAYS

CHANCELLOR Rachel Reeves may step in to overrule the Supreme Court’s decision relating to the £44billion car finance scandal. The Supreme Court is set to decide next Friday whether motor finance providers should compensate customers over undisclosed broker commission arrangements. 1 The move aims to prevent the scandal from spreading to other financial products beyond

Read More
Banking

Spain violated EU rules by meddling in banking merger, says Brussels – POLITICO

Brussels vs national capitals The Commission has been in talks with Spain over the case since last year. After the complaint, the Spanish government will have two months to respond. After that, the Commission can challenge the Spanish government at the EU’s top court, in a procedure which could last years and result in major

Read More
Loans

Bishop pleads guilty to fraudulently taking out loans on Bay Area church properties – The Mercury News

OAKLAND — A former African Methodist Episcopal Zion Church bishop pleaded guilty Tuesday to wire fraud, mail fraud and conspiracy to commit wire and mail fraud for transferring church property deeds to an entity he created then using them to obtain loans, prosecutors said. Staccato Powell, a 65-year-old resident of Wake Forest, North Carolina, agreed

Read More
Investment

Pair charged in San Diego in pizza investment fraud investigation – San Diego Union-Tribune

Two people who allegedly took around $1 million from investors who believed they were buying stock options or franchises of a pizza restaurant chain have been charged in San Diego Superior Court with more than two dozen counts related to fraud or theft. The victims, which included senior citizens and military veterans, paid between $5,000

Read More
Finance

Mis-sold car finance average payout: how much could you get?

LATER this month the UK supreme court is expected to rule on whether car finance dealers unlawfully charged millions of drivers secret commission.  This means if you took out a car finance arrangement before 2021 you could be in line for compensation.  In the build up to the ruling, the Financial Conduct Authority (FCA), the

Read More
Banking

Italian court hands Meloni partial victory in UniCredit banking merger battle – POLITICO

Earlier this year Italy used foreign investment screening powers — or ‘golden power’ — to impose harsh conditions on UniCredit’s bid for BPM. UniCredit appealed the decision claiming that the conditions are disproportionate and effectively prevent it from doing the deal. The court said on Saturday that the government should review two of the conditions

Read More
Banking

Two visions of European finance clash at elite Italian banking gathering – POLITICO

It began last year, when Milanese banking giant UniCredit angered Prime Minister Giorgia Meloni’s government by attempting to take over crosstown rival BPM, which Meloni had hoped to merge with the partially bailed-out Tuscan lender Monte dei Paschi di Siena. In response, Rome deployed screening tools known as the ‘golden power’ — whose purpose is

Read More
Loans

Morrison man sentenced to federal prison for fake PPP loans

A Morrison man was sentenced to nearly four years in prison after he illegally obtained two Paycheck Protection Program loans during the COVID-19 pandemic, federal officials announced Tuesday. Richard Nieto, 39, took a deal and pleaded guilty last month to wire fraud and money laundering in federal court, according to court records. The plea deal

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline