Despite an “eye-watering” $4.7 billion paid in remediation, ASIC believes fees for no service is still an active issue and has made multiple investigations of alleged incidents.
A Detroit man charged with bank robbery was ordered to stand trial after he waived his right to a preliminary examination Monday in Ferndale 43rd District Court.
A Ferndale woman who turned herself in to police last week on two felony counts of cashing checks stolen from businesses in Warren, failed to show up for her court hearing Monday.
ASIC chair Joseph Longo says the regulator is conducting a review into the use of artificial intelligence in financial advice as it explores how to prevent AI harm to consumers.