FTC Settles with Payment Processor and Former CEO for $1.5 Million Over Charges They Facilitated Fraud
By EsqSocial Corporation 24/12/20
The Federal Trade Commission (FTC) on December 9, 2020, settled with Complete Merchant Solutions, LLC (CMS) and its former CEO, Jack Wilson, requiring them to pay $1.5 million, refrain from processing payments for certain merchants and enact enhanced client screening protocols....
By: Troutman Pepper