- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Joe Mont2019-03-29T17:13:00
The Department of Housing and Urban Development is charging Facebook with violating the Fair Housing Act by “encouraging, enabling, and causing housing discrimination through the company’s advertising platform.”
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Facebook will pay $5 million and implement a series of anti-discrimination policies to settle a lawsuit brought against it by national fair-housing advocates.
Facebook behaves like a “digital gangster,” has deliberately broken privacy and competition law, and should be subject to statutory regulation urgently, according to a U.K. parliamentary report.
The Department of Housing and Urban Development has announced a complaint against Facebook for “violating the Fair Housing Act by allowing landlords and home sellers to use its advertising platform to engage in housing discrimination.”
Three former executives of Chicago-based Outcome Health, a healthcare technology company, were sentenced for misleading an auditor, clients, lenders, and investors about a scheme to sell $45 million in overbilled advertisements.
A home health company operating in Indiana, Ohio, and Texas agreed to pay nearly $4.5 million to settle allegations it filed false claims by giving sports tickets and other kickbacks to assisted living facilities in exchange for referrals.
Crypto-friendly Silvergate Bank will pay a total of $63 million penalties to California and the Federal Reserve Board to settle charges that its anti-money laundering program failed to properly monitor more than $1 trillion worth of customer transactions.
