Russell Simmons' RushCard Investigated For Hidden Fees

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TALLAHASSEE — Russell Simmons’ RushCard, a pre-paid debit card targeted at urban working class people is being investigated by the Florida Attorney General’s Office over alleged hidden fees.

MyBankTracker reports:

The Florida Attorney General’s Office has issued subpoenas against five prepaid debit card companies claiming they may be forcing consumers to pay hidden fees each time they make a purchase.

Subpeonas were issued against five prepaid card companies including the makers of the RushCard, a company owned by Def Jam co-founder and hip hop mogul Russell Simmons.

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