Employer identification numbers are required by law, but the DOJ alleges American Express used “dummy” numbers to open cards for small businesses from 2015 to 2016. The DOJ said American ...

(TMX) - American Express has agreed to pay a $108.7 million civil penalty to resolve allegations it deceptively marketed credit card and wire transfer products and used “dummy” employer ...

American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer ...