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How Letitia James star is rising | City & State NY

How Letitia James star is rising | City & State NY
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Subprime car lender Credit Acceptance Corp threatened by New York AG with Martin Act violations

A spokesman for Attorney General Letitia James declined to comment. James is widely seen as a possible successor to Gov. Andrew Cuomo. It wouldn’t be the first time an attorney general used the Martin Act as a ticket to Albany. Nearly two decades ago former Attorney General Eliot Spitzer dusted off the century-old law to force Wall Street firms to cough up big sums for misleading investors after the dot-com bubble popped. Credit Acceptance, a tempting target for regulators, said attorneys general in New Jersey, Maryland and Mississippi have served subpoenas. Last year the Massachusetts attorney general sued it, alleging fraud. The federal Consumer Financial Protection Bureau also is investigating the company after receiving more than 1,400 complaints about it in the past three years.

New York Attorney General James Warns Investors About Extreme Risk When Investing In Cryptocurrency, Issues Additional Warning To Those Facilitating Trading Of Virtual Currencies

<ul> <li><span><span>Recent Price Run-Up and Ongoing Pandemic Should Put&nbsp;</span><span>Investors on High Alert for Scams Using Virtual Currencies</span></span></li> <li><span><span>AG James Reminds Industry That Registration Requirements&nbsp;</span><span>Apply in New York for Those Dealing or Advising in Virtual Currencies</span></span></li> </ul> <p>&nbsp;</p>

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