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CFPB November 2016 complaint report highlights other financial services complaints, complaints from Oklahoma consumers

CFPB Monitor

General findings include the following: As of November 1, 2016, the CFPB handled approximately 1,035,200 complaints nationally, including approximately 27,000 complaints in October 2016. A majority of complaints (51%) involved fraud or scam by debt settlement or credit repair companies as the primary issue.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. A most-wanted founder. via TechCrunch.

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