H&R Block Faces Fines in New York for Misrepresenting Loan Program. (06-APR-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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H&R Block Faces Fines in New York for Misrepresenting Loan Program.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 06-APR-01

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Byline: Emily Gest

Apr. 6--With 10 days to go till tax returns must be filed, H&R Block faces more than $1 million in fines for misrepresenting its Rapid Refunds so they could sell unwitting taxpayers high-interest loans, the city's consumer affairs commissioner said yesterday.

"This is really a bait and switch," said Commissioner Jane Hoffman, whose agency spent six weeks...

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