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CFPB fines financial services provider $3 million for freezing, draining accounts
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Consumer Protection
Tuesday, November 26, 2024
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The Consumer Financial Protection Bureau ordered Global Tel Link Corp. to pay $3 million in penalties and restitution for freezing and draining hundreds of thousands of incarcerated people’s accounts and charging undisclosed fees.
Operating under the name of ViaPath Technologies, the company’s actions harmed not only the people being detained, but also their families.
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