SAGINAW, Mich. - (12/08/04) -- A former used car salesman isexpected to plead guilty to charges he bilked dozens customers,including his mother, of thousands of dollars of phony extracharges. Attorneys for Gregory Granberry, 44, are apparentlyworking on a plea deal for overcharging customers by addingfictional items to their bills, then having the dealership issuethe customers a refund check. Granberry then allegedly forged thecustomers' signatures and deposited the checks in his account atSecurity FCU. The scam was detected when one customer complainedthat a $2,400 'payoff' for a loan at the credit union appeared onhis invoice, although he had no loan there. Police said Granberryvictimized dozens of victims, including his 73-year-old mother,overcharging her by $981.07 for her vehicle.
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Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
July 3 -
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
July 3 -
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
July 3 -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Sen. Elizabeth Warren, D-Mass., is asking President Trump's son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly "debanking" hundreds of Trump Organization accounts. The letter follows President Trump's nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
July 2 -
The fintech sponsor bank plans to offer digital asset services.
July 2










