Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: AMG Services Inc. and MNE Services Inc.
Penalty: $21,000,000
Year: 2015
Date: January 16, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Two payday lending companies settled Federal Trade Commission charges that they violated the law by charging consumers undisclosed and inflated fees. Under the settlement, AMG Services, Inc. and MNE Services, Inc. had to pay $21 million and will waive another $285 million in charges that were assessed but not collected.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.