American Express to pay $230M settlement over claims of deceptive credit card, wire service sales tactics
1. American Express will pay $230 million to settle deceptive practice allegations. 2. The DOJ's probe revealed aggressive sales tactics to pressure small businesses. 3. Mistakes included using incorrect tax advice and misleading potential rewards. 4. AmEx disciplined employees and revamped training in response to the investigation. 5. Other companies like Mastercard have faced similar settlements, indicating industry scrutiny.