Social Media Money Laundering

How a bank charging 189% interest explains its business model

Andy Spears
4 min readJun 10, 2022

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Photo by Mathias Reding on Unsplash

Scroll through the Twitter feed of Utah-based TAB Bank and you’ll see tweets about where the bank is going (to lots of trucking shows) and about how it is an industry innovator. There are stories about the bank’s partnerships with fintech lenders and pictures of their charitable work in Utah. Oh, and they offer…

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Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .