PayPal pays $30 million to settle DOJ probe over ‘DEI’ investment program

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WASHINGTON, May 12 (Reuters) – PayPal agreed to pay $30 million to settle a U.S. probe over an investment program created for black and minority-owned businesses that was “unlawful” and “discriminatory,” the U.S. Department of Justice said in a statement on Tuesday.

(Reporting by Katharine Jackson; writing by Susan Heavey;Editing by David Ljunggren)

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