Posted on Jul 12, 2023
Bank of America created bogus accounts and double-charged customers, regulators say
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"Federal regulators are accusing Bank of America of opening accounts in people's name without their knowledge, overcharging customers on overdraft fees and stiffing them on credit card reward points."
Bank of America created bogus accounts and double-charged customers, regulators say
Posted from cbsnews.comPosted in these groups: 
Bank of America
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Bank of America Banking
Posted 10 mo ago
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PO1 William "Chip" Nagel
LTC Eugene Chu - Like My Career as a Navy Spook "I Can Neither Confirm or Deny".
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LTC Eugene Chu I think I know one of their employees...
"Bank of America must pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses and opening accounts without customer consent. Bank of America will pay $90 million in penalties to its organization and $60 million in penalties to the OCC, the Consumer Financial Protection Bureau said Tuesday."
"Bank of America must pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses and opening accounts without customer consent. Bank of America will pay $90 million in penalties to its organization and $60 million in penalties to the OCC, the Consumer Financial Protection Bureau said Tuesday."
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