American Express Hit With Deceptive Marketing Bill
The Consumer Financial Protection Bureau, which last year made Amex pay $112.5 million for business practice malfeasance, is adding another $70 million to
the bill, including $59.5 million in refunds to customers. At issue this time is deceptive marketing of “add-on” products for Amex’s credit cards. These include things like payment
protection and credit monitoring services.