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CFPB Director Chopra Issues Statement on Final Rule to Detect & Deter Repeat Offenders
June 04, 2024
WASHINGTON, June 4 -- The Consumer Financial Protection Bureau issued the following statement on June 3, 2024, by Director Rohit Chopra on the final rule to detect and deter repeat offenders:

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Too many American families have been harmed by corporate repeat offenders in a rinse-and-repeat cycle of illegality, where bad actors see fines and penalties as the cost of doing business. Throughout our economy, we have seen fraudsters and scam artists get caught in one part . . .

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