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The United California Bank burglary took place on 24 March 1972, when the safe deposit vault at United California Bank in Laguna Niguel, California, was broken into and $9 million ($66 million adjusted for inflation) in cash and valuables were looted by professional burglars led by Amil Dinsio. [ 1]
The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...
The Consumer Financial Protection Bureau in its October 2013 report on the CARD Act found that between the first quarter of 2009 and December 2012, credit card interest rates increased on average from 16.2% to 18.5%, while the “total cost of credit,” that is, the total of all fees and interest paid by all consumers as a percentage of the ...
Credit card skimmers have been popping up across the country in recent months, including in California. According to a 2023 Fair Issac Corporation report , credit card skimming in the United ...
California Gov. Gavin Newsom on Friday signed a bipartisan package of 10 bills that aims to crack down on smash-and-grab robberies and property crimes, making it easier to go after repeat ...
Robbery. The North Hollywood shootout, also known as the Battle of North Hollywood, [ 2] was a confrontation between two heavily armed and armored bank robbers, Larry Phillips Jr. and Emil Mătăsăreanu, and police officers in the North Hollywood neighborhood of Los Angeles on February 28, 1997. Both robbers were killed, twelve police officers ...
The Consumer Financial Protection Bureau finalized a rule limiting credit card late fees to $8. The move could save 45 million people an average $220 per year on late fees.
Prop 47 dictates that 65% of the financial savings achieved by the state be directed toward mental health and substance use disorder treatment, for individuals involved in the criminal justice system. The remaining funds are divided among K–12 schools (25%) and victim services (10%).