Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: BlueSnap, Inc.
Penalty: $10,000,000
Year: 2024
Date: May 1, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Federal Trade Commission took action against payment processing company BlueSnap, Inc., along with its former CEO and senior vice president, charging them with knowingly processing payments for deceptive and fraudulent companies. The defendants agreed to a settlement that will require them to turn over $10 million for consumers and stop processing payments for certain high-risk clients.
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.