The Hartford Courant reports that the State of Connecticut is currently investigating the prepaid debit card endorsed by the Kardashian sisters, called “Kardashian Kard,” for its alleged “predatory fees.”
The state’s Attorney General Richard Blumenthal, who was recently elected US Senator, l told the source that users of the Kardashian Kard were charged with numerous and excessive fees which are not usually associated with legitimate debit cards.
The card is originally issued by the University National Bank in Minnesota and the sisters believed that it has conformed to all laws and regulations, but they have withdrawn their endorsement of the card bearing their name due to the investigation for now.
Their lawyer issued a statement saying that how much effort the sisters put into the card. It says, “The Kardashians have worked extremely long and hard to create a positive public persona that appeals to everyone, particularly young adults … Unfortunately, the negative spotlight turned on the Kardashians as a result of the Attorney General’s comments and actions threatens everything for which they have worked.”