DOJ and IRS Visit Household – HSBC Watch

Both the Department of Justice and the Internal Revenue Service visited our website today. The IRS researched 1099 C (cancellation of debt) while the DOJ researched ‘HSBC Consumer Alert’. Since both areas are fully researched and documented by our staff we have material dating back to the old days when HSBC Finance was called Household …

HSBC Partner Block Sued For Fraud

NEW YORK — 3/15/2006 – New York state has filed a $250 million fraud suit against HSBC’s partner in predatory income tax loans, H&R Block. The suit against the nation’s largest tax-preparing service charges the company fraudulently steered customers into a losing retirement account plan. The lawsuit, filed by Attorney General Eilot Spitzer in Manhattan’s …

Cross Country Bank Sounds Like Household International

Bank fined $9M in debt case, Credit card issuer contends federal laws trump state court as issue heads to appeal ALBANY — A court has ordered a nationwide bank to pay nearly $9 million in restitution and penalties for using fraudulent and deceptive selling tactics that put consumers in deep debt, state Attorney General Eliot …