Sentences with phrase «widespread illegal practice»

Wells Fargo has been fined a total of $ 185 million for the widespread illegal practice of secretly opening unauthorized deposit and credit card accounts, according to the Consumer Financial Protection Bureau (CFPB).

Not exact matches

The indictment states that SAC has been charged «with criminal responsibility for insider trading offenses committed by numerous employees and made possible by institutional practices that encouraged the widespread solicitation and use of illegal inside information.»

The Wells Fargo case came to light late last week when the bank agreed to pay a $ 185 million fine for what regulators called «widespread illegal» sales practices.

Paul McMullan, former News of the World deputy features editor, told the Guardian newspaper this morning that David Cameron's communications chief «would certainly be well aware that the practice was pretty widespread,» and the paper reported that Paul McMullan «claims that phone - hacking and other illegal reporting techniques were rife at the tabloid while... Andy Coulson was deputy editor and then editor of the paper.»

The Obama administration had planned to explore «potential industry - wide rules to increase borrower protections» after the CFPB found widespread problems and potentially illegal practices by student loan servicers.

While the use of fire for land - clearing is illegal, the practice in nonetheless widespread, with satellites picking up hundreds of hotspots in a daily basis during the dry season, which typically runs through October.

While such poaching is technically illegal, authorities in China have long been lackadaisical at best and willfully negligent at worst in tackling the widespread practice.

The practice of reviewing Facebook accounts, however widespread, is not illegal.