Minnesota AG Reaches $5M Settlement with Landlord Accused of Illegal Charges

More than 4,000 Minnesota renters are eligible to get money back from a property management company accused of overcharging and stealing security deposits. 

Attorney General Keith Ellison announced a $5 million settlement with Investment Property Group (IPG) on Wednesday. Nearly $2 million of that goes directly to the tenants hit by those practices.

The company must also offer more than $3 million in forgiveness for rent and utility debts. IPG has also been ordered to instruct credit reporting and tenant screening companies that the debt has been satisfied.

Read more at CBS News