Bank of America to pay $250M over junk fees, fake accounts

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Bank of America to pay $250M over junk fees, fake accounts

The Consumer Financial Protection Bureau said Bank of America withheld credit card rewards, double-dipped on fees and opened accounts without consent.

banking · bank · america · fraud · fees · finance · financial · regulation · government · penalties · consumer · economics · business · business-news · charges · starred · news

July 18, 2023 09:02:42 AM GMT-07:00 * · permalink

https://www.usatoday.com/story/money/2023/07/11/bank-of-america-lawsuit-settlement-2023-fines/70402355007/

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