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The US CFPB fines BloomTech, formerly Lambda School, and CEO Austen Allred $164K and bans it from lending for 10 years for deceiving students on loans


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2024-04-17 23:52:15
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Kyle Wiggers / TechCrunch:

The US CFPB fines BloomTech, formerly Lambda School, and CEO Austen Allred $164K and bans it from lending for 10 years for deceiving students on loans, and more  —  In an order today, the U.S. Consumer Financial Protection Bureau (CFPB) said that BloomTech, the for-profit coding bootcamp previously known …




Kyle Wiggers / TechCrunch:

The US CFPB fines BloomTech, formerly Lambda School, and CEO Austen Allred $164K and bans it from lending for 10 years for deceiving students on loans, and more  —  In an order today, the U.S. Consumer Financial Protection Bureau (CFPB) said that BloomTech, the for-profit coding bootcamp previously known …



Source: TechMeme
Source Link: http://www.techmeme.com/240417/p34#a240417p34


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