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Victims of Think Finance loan repayment scam to get $384 million

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BBB releases report about riskiest scams of 2023


BBB releases report about riskiest scams of 2023

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Consumers allegedly scammed by Think Finance into repaying loans they did not owe are being refunded through distributions from the Consumer Financial Protection Bureau (CFPB).

The federal agency on Tuesday said it allocated more than $384 million to roughly 191,000 consumers who fell victim to Texas-based Think Finance, an online lender. The money was distributed by the CFPB through its victims relief fund, also known as the Civil Penalty Fund. 

“Too often, victims of financial crimes are left without recourse even when the companies that harm them are stopped by law enforcement,” CFPB Director Rohit Chopra said in a statement. “The victims relief fund allows the CFPB to help consumers even when bad actors have squandered their ill-gotten profits.

Payments to consumers harmed by Think Finance’s practices will be sent out beginning on May 14, the agency said. Those who think they are eligible can find more details at the CFPB’s website. They can also contact the settlement administrator, Epiq Systems, with questions by email at info@cfpb-thinkfinance.org or by phone at (888) 557-1865, a toll-free line.

Since its creation in 2010, the CFPB has distributed about $19 billion to more than 195 million defrauded consumers in the form of monetary compensation, principal reductions, canceled debt and other relief, according to the agency. Consumer complaints about financial products or services can be submitted on CFPB’s website or by calling (855) 411-CFPB (2372).



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Gazan chefs cook up hope and humanity for online audience

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Gazan chefs cook up hope and humanity for online audience – CBS News


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For many in war-torn Gaza, a hot meal has become a luxury. Two bright spots in the midst of displacement and food shortages are 10-year-old Chef Renad, who’s gained a following on Instagram, and Hamada Shaqoura, who prepares simple dishes online, often relying on humanitarian aid and crude cooking arrangements. They talk with correspondent Holly Williams about the hardships of life in Gaza, and of using cooking as a symbol of hope and humanity.

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Serving up home-cooked dog food

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Serving up home-cooked dog food – CBS News


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Commercially-produced pet food is a $50 billion a year industry. But some advocate for healthier meals for your beloved pets. Correspondent Nancy Giles visits Just Food for Dogs, in Hollywood, Calif, which sells delicious canine fare that is also USDA-approved for human consumption; and with pet nutritionist Christine Filardi, author of “Home Cooking For Your Dog.” Bone Appétit!

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What makes a martini a martini?

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What makes a martini a martini? – CBS News


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There are very few American inventions more American than the martini – a classic cocktail of gin and vermouth, garnished with lemon. But today, a martini’s ingredients may be up for debate, with variations and proportions skewed to personal taste. “Sunday Morning” contributor Kelefa Sanneh looks at the history of the martini, with a twist.

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