Intercept Corp. Ignored Red Flags for Potential Fraud and Illegal Activity by Clients
WASHINGTON, D.C. —(ENEWSPF)–June 6, 2016. The Consumer Financial Protection Bureau today filed suit against payment processer Intercept Corporation and two of its executives, Bryan Smith and Craig Dresser, for allegedly enabling unauthorized and other illegal withdrawals from consumer accounts by their clients. In the suit filed in federal district court, the CFPB alleges that Intercept turned a blind eye to blatant warning…
