September 15, 2020
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Auto H & L agrees to $200k interest overcharge penalty
One of this nation’s largest used car dealers has agreed to pay a $200,000 penalty to settle claims that it over-charged interest on vehicle loans it made to almost 2,000 Bahamians.
Pyramid schemes cash in on crisis
THE Securities Commission of the Bahamas has reissued warnings against falling victim to Ponzi and pyramid schemes which promise large payouts after a person pays a sum of money under the guise of an investment plan.
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