Categorized | alternatives, Florida, Reuters

Prepaid cards under the microscope in Florida

The Florida Attorney General’s office has announced that they will begin an investigation of five prepaid card companies (First Data Corp, Green Dot Corp, Account Now Inc, NetSpend Corp and Unirush Financial Services LLC) looking to find “deceptive and unfair practices”.

“Failing to disclose fees is essentially stealing money from consumers,” Attorney General Pam Bondi said in a statement.

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