Tag Archives: Fined

NCAA details Alabama State betting scheme as four players fined $2K

NCAA details Alabama State betting scheme as four players fined $2K Suswati Basu     Four former Alabama State men’s basketball players took part in a plan to influence the outcome of a December 2024 game against Southern Mississippi in exchange for money from outside bettors, according to an NCAA infractions decision released Thursday (June … Continue reading NCAA details Alabama State betting scheme as four players fined $2K

FanDuel fined $350,000 by Ontario regulator over failure to report suspicious betting

FanDuel fined $350,000 by Ontario regulator over failure to report suspicious betting Joel Loynds   Suswati Basu     FanDuel has been hit with a CAD 350,000 ($ 252,000) penalty from the Alcohol and Gaming Commission of Ontario (AGCO). The fine comes as the Canadian arm of the sports gambling giant failed to tackle match … Continue reading FanDuel fined $350,000 by Ontario regulator over failure to report suspicious betting

DoNotPay ‘robot lawyer’ fined $193K by the FTC for not being a lawyer

  DoNotPay ‘robot lawyer’ fined $193K by the FTC for not being a lawyer Overruled. anna washenko   Thu, Sep 26, 2024   Reuters / Reuters The Federal Trade Commission is taking action against DoNotPay, alleging that the AI-powered company billing itself as “the world’s first robot lawyer” failed to back its claims that it … Continue reading DoNotPay ‘robot lawyer’ fined $193K by the FTC for not being a lawyer

Largest wireless carriers fined nearly $200 million for illegally sharing location data

April 29, 2024 Largest wireless carriers fined nearly $200 million for illegally sharing location data Carriers have allowed the use of location-data for programs like roadside assistance, logistics, medical emergency alert services, human trafficking alerts and fraud prevention. BY Reuters The Federal Communications Commission on Monday fined the largest U.S. wireless carriers nearly $200 million for … Continue reading Largest wireless carriers fined nearly $200 million for illegally sharing location data

Ant Group, Jack Ma-founded fintech giant, gets fined almost $1 billion by China regulators

  By Associated Press July 07, 2023 Chinese regulators are fining Ant Group 7.123 billion yuan ($985 million), claiming the financial technology provider violated laws related to corporate governance and consumer rights. The People’s Bank of China imposed the fine on Friday. “We will comply with the terms of the penalty in all earnestness and … Continue reading Ant Group, Jack Ma-founded fintech giant, gets fined almost $1 billion by China regulators