Humboldt Merchant ServicesBilling
From the news
Humboldt Merchant Services settles FTC allegations it processed payments for sham merchants
According to the FTC, payment processor Humboldt Merchant Services processed payments for more than 1,000 shell merchants fronting unauthorized billing scams. Humboldt will pay $12 million and be banned from processing for high-risk merchants to settle the allegations. From th…
- $12M
- Settlement payment, per the FTC
- Legal status
- Settled