Bank of America to Pay Over $100 Million to Costumers and $150 Million in Penalties for Illegal and Deceptive Banking Practices
Bank of America to Pay Over $100 Million to Costumers and $150 Million in Penalties for Illegal and Deceptive Banking Practices
www.thegatewaypundit.com Bank of America to Pay Over $100 Million to Customers and $150 Million in Penalties for Illegal and Deceptive Banking Practices | The Gateway Pundit | by Jim Hoft | 120
On Tuesday, the Consumer Financial Protection Bureau (CFPB) announced that Bank of America will be fined and required to compensate customers who had been harmed by the bank’s illegal and deceptive activities.
A series of illegal banking practices that include double-charging insufficient funds fees, withholding promised credit card rewards, and unauthorized opening of accounts using sensitive customer data.
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