FBI investigates American Express

The Wall Street Journal reported Wednesday that the FBI is investigating whether American Express’ foreign exchange payments department deceived clients about pricing in an initiative to gain business.

According to consumer complaints sales representatives misled customers by offering “low currency-conversion rates before raising prices without warning” to get higher commissions.

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2 Comments
  1. steven 3 weeks ago
    Reply

    Isn’t that how all credit cards work? My mail is flooded with offers of 0% for six months and then it goes to twenty four.

  2. Anthony Sublett 3 weeks ago
    Reply

    If they wrong burn them!!! 🔥🔥🔥

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