Fraud victim 'not hopeful' for refund after Trump wrecks consumer protection agency

Agency charged with protecting consumers drops high-profile fraud cases, leaving victims in limbo.

By Marcus Baram for Capital & Main 

On Jan. 16, the Consumer Financial Protection Bureau (CFPB) ordered the operator of digital payment provider Cash App to pay $175 million for failing to protect consumers from fraud, including $120 million in refunds and a $55 million penalty to the agency’s victims relief fund.

Four days later, Donald Trump was inaugurated as the nation’s 47th president.