Posted on Jul 14, 2022

Bank of America fined $225 million over unemployment benefits program

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BOA was contracted to assist with unemployment benefits during COVID pandemic. It faces a massive fine due to denying money to people who were issued their cards.

Bank of America fined $225 million over unemployment benefits program

Posted from cnbc.com

Posted in these groups: B540b262

Bank of America Main benefits 1335181026

Benefits

Punishment

Posted >1 y ago

Responses: 2

SSgt (Join to see)

Posted >1 y ago

well that is a lot!

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SPC Nancy Greene

Posted >1 y ago

Thanks for sharing this information
@LTC Eugene Chu
Seems a large amount of ‘stimulus’ funding was fraudulent and missed used. I read somewhere prisoners in some states received stimulus money

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Bank of America fined $225 million over unemployment benefits program

Bank of America fined $225 million over unemployment benefits program

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