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