Bank of America ordered to pay $100m over anti-consumer practices
The Bank of America has been ordered by the Consumer Financial Protection Bureau (CFPB) to pay over $100m in penalties over immoral practices. This follows an investigation alleging that the bank had been double-dipping on fees targeting customers with insufficient funds, withholding promised reward bonuses, as well as mishandling personal information to open new accounts … Continue reading Bank of America ordered to pay $100m over anti-consumer practices
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