CFPB - Consumer Financial Protection Bureau

CFPB ordered Bank of America to pay more than $100 million to harmed consumers and $90 million in penalties to the CFPB and $60 million to the OCC for illegally charging junk fees, withholding credit card rewards, and opening fake accounts.


Published on Jul. 11th, 2023 Published on Jul. 11th, 2023
Scenario: Conduct / Client Overcharging

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