20 min listen
1165. Bank of America Scams Millions Again ? Banks vs Crypto?
1165. Bank of America Scams Millions Again ? Banks vs Crypto?
ratings:
Length:
15 minutes
Released:
Jul 14, 2023
Format:
Podcast episode
Description
Bank of America engaged in deceptive practices that hurt hundreds of thousands of its customers in recent years, the Consumer Financial Protection Bureau said Tuesday. The bank charged multiple $35 overdraft fees for the same transaction, failed to properly issue rewards to credit card users and signed up customers for card accounts without their consent, the CFPB said in a statement. The company has to pay $150 million in fines, as well as about $80.4 million to customers who were unfairly charged bogus fees, on top of the $23 million it already paid to customers who were improperly denied card awards.~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
Released:
Jul 14, 2023
Format:
Podcast episode
Titles in the series (100)
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