Bank of America Fined $250M for 'Systematic' Overcharging, Opening Unwanted Credit Cards

Slashdot
By EditorDavidJul 15, 2023, 6:34 pm739 ptsHotTop
Bank of America "will pay more than $250 million in refunds and fines," reports the Washington Post, "after federal regulators found the company systematically overcharged customers, withheld promised bonuses and opened accounts without customer approval." The Consumer Financial Protection Bureau [or CFPB]…

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