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FTC investigates PayPal for potential UDAP violations
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Banking, Consumer Protection, Nonbank Financial
Friday, May 6, 2016
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One of PayPal’s “hottest properties” is under investigation by the Federal Trade Commission for potential unfair and deceptive acts or practices, according to a recent filing with the Securities and Exchange Commission. The Consumer Financial Protection Bureau brought its own enforcement action against the mobile and online payment last year. Read on to learn more.
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