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HSBC Partner Block Sued For Fraud

NEW YORK — 3/15/2006 - New York state has filed a $250 million fraud suit against HSBC’s partner in predatory income tax loans, H&R Block.

The suit against the nation’s largest tax-preparing service charges the company fraudulently steered customers into a losing retirement account plan.
The lawsuit, filed by Attorney General Eilot Spitzer in Manhattan’s state Supreme […]