A $1.7 Million Loan, $30,000 in Income. Prosecutors Are Now Investigating. [The New York Times]
Uber Technologies, Inc. (UBER)
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Source: The New York Times
A $1.7 Million Loan, $30,000 in Income. Prosecutors Are Now Investigating. - The New York Times | A $1.7 Million Loan, $30,000 in Income. Prosecutors Are Now Investigating. ment Supported by “I hope they help us,” said Mohammed Hoque, a cabdriver who spoke with agents as part of a new federal inquiry into lending practices in the taxi industry. By Brian M. Rosenthal Sept. 10, Federal prosecutors in Manhattan have opened an investigation into possible lending fraud in the City taxi industry, the most significant action taken so far in response to widespread practices that trapped thousands of cabdrivers under crushing debt, according to people with knowledge of the inquiry. In the past month, agents have interviewed cabdrivers who said they were encouraged to take on massive debt under exploitative terms in order to buy a taxi medallion, the city permit that allowed them to own their own cab. The investigation, which is in its beginning stages, appears to be looking at possible cr
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UBER
Earnings
- 2/7/24 - Beat
UBER
Sec Filings
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- UBER's page on the SEC website