Grupo Consupago companies dominated customer complaints, accounted for 69% of all complaints against regulated lenders in 2019

Two Grupo Consupago subsidiaries, Consupago SA de CV and Opcipres SA de CV, generated 69.9% of all borrower complaints – 63,702 complaints out of 91,024 total – against regulated lenders  in 2019, according to financial consumer protection body CONDUSEF. Consupago …

Read moreGrupo Consupago companies dominated customer complaints, accounted for 69% of all complaints against regulated lenders in 2019

Chedrauis retained auditor after he was barred from auditing US publicly traded firms for at least two years, after misrepresenting audit of unrelated Mexican payday lender

  In October 2018, Deloitte Mexico auditor Ricardo Garcia Chagoyan received a minimum 2-year ban from auditing US publicly traded firms, for misrepresenting the audit of payroll lender Prestaciones Finmart In March 2019, Garcia Chagoyan signed an audit opinion overseeing …

Read moreChedrauis retained auditor after he was barred from auditing US publicly traded firms for at least two years, after misrepresenting audit of unrelated Mexican payday lender