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It's not clear how much scrutiny the company is under for management's role in developing and training employees to sell the product. Subpoenas are issued to compel parties such as company executives and employees, or former employees, to appear for interviews or turn over documents. In July, the OCC assessed a $15 million civil penalty against American Express National Bank. The IRS is also involvedBrooklyn attorneys are coordinating their criminal investigation alongside the IRS's criminal-investigation unit, the people BI spoke with said. Sinking morale among some sales employeesThe investigations are taking a toll on Amex's results-driven culture, current and former sales employees told BI, because compliance staff have gotten more involved in the sales process.
Persons: Amex, hadn't, salespeople, It's, Adam Isserlis, Isserlis, John Marzulli, Brian Morris, Hiral Mehta, Morris, Boies, Boies Schiller Flexner, Seth DuCharme, Charles Blazer, he's, Mehta, Hiral, Brian Organizations: American Express, Business, Justice, New York State Department of Financial Services, BI, Brooklyn, Eastern, of, OCC, American Express National Bank, Consumer Financial, Justice Department, Department of Financial Services, Department of Justice, IRS, Federal Deposit Insurance Corp, FDIC's, Government, Costco, Securities, Eastern District, Department of Homeland Security, Boies Schiller, FIFA, Taco Bell Locations: Brooklyn , New York, of New York, Eastern, Brooklyn
A campaign aide to Representative George Santos who impersonated Speaker Kevin McCarthy’s former chief of staff was charged with wire fraud and identity theft in a federal indictment unsealed on Wednesday. Federal prosecutors said the aide, Samuel Miele, was behind “fraudulent fund-raising” emails and phone calls that were sent and made to more than a dozen potential campaign contributors. In his solicitations, Mr. Miele, 27, claimed to be a “high-ranking aide to a member of the House with leadership responsibilities,” the indictment said. When Mr. Miele successfully obtained campaign contributions, he received a 15 percent commission. He was arraigned on Wednesday morning in federal court in Brooklyn and pleaded not guilty, according to John Marzulli, a spokesman for the U.S. attorney’s office in the Eastern District of New York.
Persons: George Santos, Kevin McCarthy’s, Samuel Miele, Miele, John Marzulli Organizations: U.S, of Locations: Brooklyn, Eastern, of New York
U.S. Rep. George Santos leaves the U.S. District Court for the Eastern District of New York in Central Islip, New York, May 10, 2023. A man who was a paid campaign fundraiser for Rep. George Santos was indicted in New York on federal criminal charges related to his allegedly impersonating a top aide to House Speaker Kevin McCarthy as he solicited donations for Santos. Santos, who was first elected in 2022, represents a House district that covers parts of Queens in New York City, and Nassau County in Long Island. McCarthy, a California Republican, has defended Santos' right to continue serving in the House even as he fights his own criminal charges. "According to a federal indictment, George Santos paid someone to impersonate Kevin McCarthy's chief of staff to raise money, yet McCarthy continues to protect Santos," Goldman wrote.
Persons: George Santos, Kevin McCarthy, Santos, Samuel Miele, Miele, Dan Meyer, McCarthy, Kevin Marino, John Marzulli, Dan Goldman, Kevin McCarthy's, Goldman, CNBC's Kevin Breuninger, Brian Schwartz Organizations: Rep, Eastern, of, Santos, New York Republican, CNBC, U.S, California Republican, Democrat, Court Locations: U.S, of New York, Central Islip , New York, New York, Miele, Queens, New York City, Nassau County, Long, California, Manhattan, Brooklyn, Eastern
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