Russell Simmonsa RushCard fined $13 million for 2015 outage

Federal regulators ordered hip-hop mogul Russell Simmons’ company RushCard to pay $13 million in fines and restitution related to a 2015 outage that cut off tens of thousands of its customers from their money. The Consumer Financial Protection Bureau said Wednesday that it has ordered RushCard and MasterCard to pay $10 million in restitution to customers as well as a $3 million fine.